Mayors Youth Scholarship Program Inc

Analysis

Mayors Youth Scholarship Program Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mayors Youth Scholarship Program Inc reported income of $911k and spending of $939k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $911k (+224%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 222%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mayors Youth Scholarship Program Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Gonzaga Law School Foundation ($911k), The Parent Teacher Student Organization of Nolensville High ($912k) and James a Rhodes State College Foundation ($911k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $342k against liabilities of $0, net assets of $342k.