Young Parents Education Center Inc

Analysis

Young Parents Education Center Inc is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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 June 2023, Young Parents Education Center Inc reported income of $203k and spending of $188k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $157k to $203k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Parents Education Center Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MT. Charities of a similar size with the same main cause include Livermore Girls Softball Association Inc ($203k), Los Angeles Mission College Foundation ($203k) and Talladega First Inc ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $39k (21% of expenses). Other salaries and wages came to $105k. At year end it held assets of $161k against liabilities of $2,565, net assets of $159k. It reported 9 employees.