Youth Empowerment Services Inc

Analysis

Youth Empowerment Services Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 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 August 2023, Youth Empowerment Services Inc reported income of $426k and spending of $2.1m, spending 499% of what it took in. Across the 4 years on record, from August 2019 to August 2023, income fell from $12.2m to $426k (-97%), an average of -67% a year. The sharpest change came in the year to August 2023, when income dropped by 94%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Empowerment Services Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Boys & Girls Club of Greater Lynchburg ($426k), North Jefferson Junior Baseball Association ($426k) and Matthew Mangine Jr Foundation Inc ($426k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $262k (12% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $6.5m against liabilities of $1.8m, net assets of $4.7m. It reported 10 employees.