Your Passion 1st

Analysis

Your Passion 1st is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in April 2021, 5 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, Your Passion 1st reported income of $281k and spending of $264k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $281k (+158%), an average of +158% a year. The sharpest change came in the year to December 2023, when income rose by 158%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Your Passion 1st sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Boys & Girls Clubs in Indian Country Inc ($281k), Essex Chips Inc ($281k) and Louis Hernandez JRS Foundation for a Bright Future Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $67k (25% of expenses). At year end it held assets of $26k against liabilities of $3,844, net assets of $22k. It reported 2 employees.