Youthlaunch Inc

Analysis

Youthlaunch Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 1996, 30 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 July 2023, Youthlaunch Inc reported income of $145k and spending of $153k, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $45k to $145k (+220%), an average of +34% a year. The sharpest change came in the year to July 2023, when income rose by 121%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youthlaunch Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Loraine Education Foundation Inc ($145k), Santa Clara County Dental Foundation ($145k) and University Center at Ponca City Foundation Inc ($145k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (60% of expenses). At year end it held assets of $37k against liabilities of $0, net assets of $37k. It reported 1 employees.