Multi-Ethnic Youth Group Association Inc

Analysis

Multi-Ethnic Youth Group Association Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Multi-Ethnic Youth Group Association Inc reported income of $560k and spending of $479k, spending 86% of its income. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Multi-Ethnic Youth Group Association Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Qualitas of Life Foundation ($560k), Sadananda Inc ($560k) and Hillsdale County Task Force on Family Violence Domestic Harmony ($560k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $238k. At year end it held assets of $292k against liabilities of $223k, net assets of $69k. It reported 22 employees.