West Texas Youth Development Inc

Analysis

West Texas Youth Development Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2021, West Texas Youth Development Inc reported income of $1.1m and spending of $270k, leaving 75% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $358k to $1.1m (+205%), an average of +75% a year. The sharpest change came in the year to December 2020, when income rose by 198%. Over the whole period it spent 21% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, West Texas Youth Development Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Path Northwest ($1.1m), United States Handball Association ($1.1m) and Copper Harbor Trails Society Inc ($1.1m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $131k (49% of expenses). Other salaries and wages came to $2,000. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.