Young Entrepreneurs of the Future

Analysis

Young Entrepreneurs of the Future is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 2018, 8 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 (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, Young Entrepreneurs of the Future reported income of $179k and spending of $180k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $179k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Entrepreneurs of the Future sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NE. Charities of a similar size with the same main cause include Science and Technolgy Group Inc ($179k), U-Turn Ministries of Goshen Inc ($179k) and Rhythmic Ribbon of Texas ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.