Worthy Beyond Purpose Inc

Analysis

Worthy Beyond Purpose Inc is a registered charity in United States, based in Reseda, CA. It received its IRS tax-exemption ruling in June 2019, 7 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, Worthy Beyond Purpose Inc reported income of $233k and spending of $201k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $157k to $233k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Worthy Beyond Purpose Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Jewish Big Brother & Big Sister Assn of GR Boston Endowment Fund I ($233k), Paradise Youth and Recreation Association ($233k) and Center for Restorative Practice ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (16% of expenses). It paid $142k in professional fundraising fees. At year end it held assets of $233k against liabilities of $201k, net assets of $32k. It reported 1 employees.