Im Young and Empowered Inc

Analysis

Im Young and Empowered Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Im Young and Empowered Inc reported income of $66k and spending of $73k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $65k to $66k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2020, when income rose by 135%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Im Young and Empowered Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within NV. Charities of a similar size with the same main cause include Bureau for International Reporting Inc ($66k), Friends of the Westport Center for Senior Activities Inc ($66k) and Lock Haven Court Corp ($66k).

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 (43% of expenses). At year end it held assets of $7,848 against liabilities of $23, net assets of $7,825.