Y2 Believe Inc

Analysis

Y2 Believe Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in July 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, Y2 Believe Inc reported income of $160k and spending of $185k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $160k (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 148%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Y2 Believe Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Apex Youth Services Inc ($160k), Republic of South Sudan Leaders ($160k) and Borden County Junior Livestock Association Inc ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $161k. At year end it held assets of $123k against liabilities of $0, net assets of $123k. It reported 1 employees.