T4youth NFP

Analysis

T4youth NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, T4youth NFP reported income of $97k and spending of $72k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $97k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, T4youth NFP sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Operation Step-Up ($97k), Justice by Uniting in Creative Energy-Juice ($97k) and Regents of the University of Minnesota ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 121% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.