National Academic Youth Corps Inc

Analysis

National Academic Youth Corps Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 2003, 23 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 December 2023, National Academic Youth Corps Inc reported income of $1.0m and spending of $940k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $1.0m (+240%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Academic Youth Corps Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Triumph Academy Inc ($1.0m), Northern Dauphin County Christian School Association ($1.0m) and The University of Virginia Frank Batten School of Leadership and ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $81k (8.6% of expenses). At year end it held assets of $217k against liabilities of $501k, net assets of -$284k.