Capital Youth Empowerment Program

Analysis

Capital Youth Empowerment Program is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in December 2008, 18 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, Capital Youth Empowerment Program reported income of $1.9m and spending of $1.7m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $1.9m (+601%), an average of +63% a year. The sharpest change came in the year to December 2021, when income rose by 195%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Capital Youth Empowerment Program 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 86th percentile within VA. Charities of a similar size with the same main cause include Boys and Girls Clubs of Bend Inc ($1.9m), Ex - Offender Fellowship Network ($1.9m) and Boy Scouts of America ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $335k (20% of expenses). Other salaries and wages came to $629k. It paid $7,500 in professional fundraising fees. At year end it held assets of $519k against liabilities of $144k, net assets of $375k. It reported 17 employees.