Young Investors Group
Analysis
Young Investors Group is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in October 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 2023, Young Investors Group reported income of $58k and spending of $32k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $58k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 68% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Investors Group sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Junior Major League Inc ($58k), Isiserettes Drill & Drum Corps Inc ($58k) and Hope Alliance of Missouri ($58k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 19%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Junior Major League Inc | Milford | $58k |
| Isiserettes Drill & Drum Corps Inc | Des Moines | $58k |
| Hope Alliance of Missouri | Rolla | $58k |
| Christian Orphan Fund Inc | Fayetteville | $58k |