Lift Youth Center Inc

Analysis

Lift Youth Center Inc is a registered charity in United States, based in Ringgold, GA. It received its IRS tax-exemption ruling in September 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 December 2022, Lift Youth Center Inc reported income of $385k and spending of $411k, spending 107% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $1.4m to $385k (-72%), an average of -47% a year. The sharpest change came in the year to December 2021, when income dropped by 75%. Over the whole period it spent 43% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lift Youth Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Indigenous Regeneration ($385k), The Ohio State University ($385k) and Iowa High School Speech Association ($385k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 73% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $55k (13% of expenses). Other salaries and wages came to $173k. At year end it held assets of $1.2m against liabilities of $6,406, net assets of $1.2m. It reported 11 employees.