Cherishing Life Youth Transformation Services

Analysis

Cherishing Life Youth Transformation Services is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2021, 5 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, Cherishing Life Youth Transformation Services reported income of $68k and spending of $71k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $68k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cherishing Life Youth Transformation Services sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Delaware Chapter of the American College of Surgeons Inc ($68k), Hospitality Industry Education Foundation ($68k) and Temple Legacy Foundation ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.8% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.