Young Black & Lit

Analysis

Young Black & Lit is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in June 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 June 2024, Young Black & Lit reported income of $287k and spending of $241k, spending 84% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $391k to $287k (-27%), an average of -9.8% a year. The sharpest change came in the year to June 2024, when income rose by 90%. Over the whole period it spent 56% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Black & Lit sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Danville Childrens Guild ($287k), Taproot Inc ($287k) and Bridge of Topeka Inc ($287k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $758k against liabilities of $0, net assets of $758k. It reported 2 employees.