Why Initiative Inc

Analysis

Why Initiative Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in January 2019, 7 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, Why Initiative Inc reported income of $78k and spending of $71k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $78k (-17%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Why Initiative Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within MS. Charities of a similar size with the same main cause include Albany Youth Centers Ministries ($78k), Ardsley-North Hills Athletic Association ($78k) and Hubbard Youth Coalition Inc ($78k).

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 $27k against liabilities of $184, net assets of $27k.