New Orleans Youth Alliance
Analysis
New Orleans Youth Alliance is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. 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 June 2024, New Orleans Youth Alliance reported income of $1.9m and spending of $1.1m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $576k to $1.9m (+232%), an average of +35% a year. The sharpest change came in the year to June 2021, when income rose by 70%. Over the whole period it spent 68% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Orleans Youth Alliance sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include National Church Residences of ($1.9m), Verde Valley Manor Retirement Center ($1.9m) and Adams County Christian School Inc ($1.9m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (8.5% of expenses). Other salaries and wages came to $232k. At year end it held assets of $2.3m against liabilities of $13k, net assets of $2.3m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Church Residences of | Columbus | $1.9m |
| Verde Valley Manor Retirement Center | Cottonwood | $1.9m |
| Adams County Christian School Inc | West Union | $1.9m |
| Florida Council of Independent Schools | Tampa | $1.9m |