Coleman Young Foundatino

Analysis

Coleman Young Foundatino is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 2020, 6 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, Coleman Young Foundatino reported income of $152k and spending of $80k, leaving 47% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $130k to $152k (+17%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Coleman Young Foundatino sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Blanchard Institute Inc ($152k), Young Veterans Inc ($152k) and Youth with a Mission West Virigina ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.