Youth Education Development Academy

Analysis

Youth Education Development Academy is a registered charity in United States, based in Olympia FLDS, IL. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Youth Education Development Academy reported income of $99k and spending of $125k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $99k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youth Education Development Academy sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include PTA New Mexico Congress ($99k), Lions of Elburn Charities Inc ($99k) and Madison Central High School Parent Teacher Organization ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $92k against liabilities of $103k, net assets of -$11k.