Love Urban Youth University

Analysis

Love Urban Youth University is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 December 2023, Love Urban Youth University reported income of $51k and spending of $59k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $51k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 125% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Love Urban Youth University sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Rose Tree Elementary Parent Teacher Group ($51k), Merrimack Valley Workforce Investment Board Inc ($51k) and Christian Womens Job Corp of Lee County ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,744 against liabilities of $0, net assets of $8,744.