Youth Rise Texas Inc

Analysis

Youth Rise Texas Inc is a registered charity in United States, based in Austin, TX. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Youth Rise Texas Inc reported income of $1.6m and spending of $1.4m, spending 90% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $834k to $1.6m (+87%), an average of +23% a year. The sharpest change came in the year to May 2023, when income rose by 53%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Rise Texas Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Boys and Girls Club of LA Platacounty Inc ($1.6m), Coastal Futbol Alliance Inc ($1.6m) and Horizons Greater Washington Inc ($1.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (5.0% of expenses). Other salaries and wages came to $719k. At year end it held assets of $1.1m against liabilities of $73k, net assets of $1.0m. It reported 38 employees.