Premier Athletics for Youth Development

Analysis

Premier Athletics for Youth Development is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Premier Athletics for Youth Development reported income of $508k and spending of $374k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $265k to $508k (+92%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Premier Athletics for Youth Development sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Aguila Youth Leadership Instituteinc ($507k), Children of the City Inc ($508k) and Madinatul Uloom Inc ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $31k (8.2% of expenses). Other salaries and wages came to $66k. At year end it held assets of $282k against liabilities of $0, net assets of $282k. It reported 30 employees.