Youthpower365

Analysis

Youthpower365 is a registered charity in United States, based in Avon, CO. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2023, Youthpower365 reported income of $6.4m and spending of $6.9m, spending 108% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $4.4m to $6.4m (+47%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 104%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Youthpower365 sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Insurance Industry Charitable Foundation Inc ($6.4m), All Within My Hands ($6.4m) and Helping a Hero Org ($6.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $202k (2.9% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $5.3m against liabilities of $575k, net assets of $4.7m. It reported 296 employees.