Youth Believing in Change Inc

Analysis

Youth Believing in Change Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 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 Believing in Change Inc reported income of $2.1m and spending of $1.0m, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $683k to $2.1m (+208%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 151%. Over the whole period it spent 61% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Believing in Change Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Community Unlimited ($2.1m), Youth Uprising ($2.1m) and John Smithwick Ministries International ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $90k (9.0% of expenses). Other salaries and wages came to $346k. At year end it held assets of $4.6m against liabilities of $15k, net assets of $4.6m. It reported 24 employees.