CheckMyDonation

Young Investors Group

RegisteredEIN 83-1718879Norfolk, VAChildren and youth development
Income$58k2023-12
Spending$32ksame year
Spent / received68%2-year average
Size in its cause26th pctChildren and youth development
Exempt since2018Publicly supported organisat
Employees–latest return

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

$0$15k$29k$44k$58k2022 Income: $36,2782022 Spending: $32,04920222023 Income: $58,2252023 Spending: $31,7462023
IncomeSpending

Where the income comes from

  • Contributions & grants 81%
  • Program services 19%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Junior Major League IncMilford$58k
Isiserettes Drill & Drum Corps IncDes Moines$58k
Hope Alliance of MissouriRolla$58k
Christian Orphan Fund IncFayetteville$58k