Personalized Estate Liquidation Benefiting Youth Inc

Analysis

Personalized Estate Liquidation Benefiting Youth Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Personalized Estate Liquidation Benefiting Youth Inc reported income of $202k and spending of $222k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $247k to $202k (-18%), an average of -9.7% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Personalized Estate Liquidation Benefiting Youth Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Communitywide Charitiesincorporated ($202k), Hartford Bridge Club ($202k) and Valor Apartment Associates ($202k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $39k. At year end it held assets of $222k against liabilities of $0, net assets of $222k.