Aspiring Youth Academy

Analysis

Aspiring Youth Academy is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in July 2016, 10 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 June 2023, Aspiring Youth Academy reported income of $318k and spending of $371k, spending 117% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $266k to $318k (+20%), an average of +9.5% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 76% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Aspiring Youth Academy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Mentoring Mentors Inc ($318k), Camp Concordia ($319k) and Middleton Youth Hockey Inc ($318k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $14k. At year end it held assets of $378k against liabilities of $12k, net assets of $366k.