Young Leaders Strong City

Analysis

Young Leaders Strong City is a registered charity in United States, based in Mesquite, TX. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Young Leaders Strong City reported income of $686k and spending of $371k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to June 2023, income grew from $463k to $686k (+48%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Young Leaders Strong City sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Phillips University Legacy Foundation ($686k), Bayville Free Library ($687k) and Potsdam Public Library ($686k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $124k. At year end it held assets of $512k against liabilities of $29k, net assets of $483k. It reported 3 employees.