Young Peoples Project Inc

Analysis

Young Peoples Project Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Young Peoples Project Inc reported income of $2.8m and spending of $2.6m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.8m (+60%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 93%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Young Peoples Project Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Cincinnati Achievement Academy ($2.8m), Peachtree Academy Private School ($2.8m) and Accrediting Council for Continuing Education & Training Inc ($2.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $203k (7.7% of expenses). Other salaries and wages came to $884k. It paid $82k in professional fundraising fees. At year end it held assets of $3.1m against liabilities of $425k, net assets of $2.7m. It reported 102 employees.