Youth Excitement Team Inc

Analysis

Youth Excitement Team Inc is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Youth Excitement Team Inc reported income of $396k and spending of $359k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $445k to $396k (-11%), an average of -5.7% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Excitement Team Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within MS. Charities of a similar size with the same main cause include Kihei Youth Center ($396k), Texas Children in Nature ($396k) and Impact Youth Ministries Inc ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $46k (13% of expenses). Other salaries and wages came to $132k. At year end it held assets of $22k against liabilities of $6,000, net assets of $16k. It reported 21 employees.