Montrezl Harrell Youth Foundation Inc

Analysis

Montrezl Harrell Youth Foundation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 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, Montrezl Harrell Youth Foundation Inc reported income of $97k and spending of $93k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $97k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Montrezl Harrell Youth Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Midnight Suns Baseball Club ($97k), Torrington Youth Soccer Inc ($97k) and Live Like Liam of Iberia ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $5,411 against liabilities of $0, net assets of $5,411.