Ifly Youth Incorporated

Analysis

Ifly Youth Incorporated is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Ifly Youth Incorporated reported income of $110k and spending of $118k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $110k (+145%), an average of +145% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ifly Youth Incorporated sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include Real Woman International Inc ($110k), Hutchinson County Junior Livestock Association Inc ($110k) and Prospect Park Youth Running Club ($110k).

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 $72k against liabilities of $151, net assets of $72k.