Youth Employment Program Inc

Analysis

Youth Employment Program Inc is a registered charity in United States, based in Salmon, ID. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover employment, which this site groups under community and economic 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, Youth Employment Program Inc reported income of $398k and spending of $379k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $398k (+136%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Youth Employment Program Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within ID. Charities of a similar size with the same main cause include Motion Palpation Institute Inc ($398k), Chesapeake Bay Industries Inc ($399k) and Pittsburgh Hires Veterans ($398k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $50k (13% of expenses). Other salaries and wages came to $202k. At year end it held assets of $778k against liabilities of $83k, net assets of $695k. It reported 42 employees.