Young Engineers in Action
Analysis
Young Engineers in Action is a registered charity in United States, based in LA Palma, CA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Young Engineers in Action reported income of $263k and spending of $173k, leaving 34% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $261k to $263k (+0.6%), an average of +0.2% a year. Over the whole period it spent 63% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Young Engineers in Action sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Fondazione Italia ($263k), Yeshivas Hagram Soloveitchik Inc ($263k) and Phoenix Union Partnership of Business and Education Inc ($262k).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $44k (25% of expenses). At year end it held assets of $415k against liabilities of $0, net assets of $415k.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fondazione Italia | Los Angeles | $263k |
| Yeshivas Hagram Soloveitchik Inc | Lakewood | $263k |
| Phoenix Union Partnership of Business and Education Inc | Phoenix | $262k |
| Literacy Chippewa Valley | Eau Claire | $263k |