Penns Youth Initiative
Analysis
Penns Youth Initiative is a registered charity in United States, based in Fayetteville, PA. It received its IRS tax-exemption ruling in March 2022, 4 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 December 2023, Penns Youth Initiative reported income of $193k and spending of $193k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $230k to $193k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Penns Youth Initiative sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Friends of Laker Baseball ($193k), Blue Ridge School Education Foundation Incorporated ($193k) and Friends of the Herman Brown Free Library Inc ($193k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $3,955, net assets of $21k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Laker Baseball | Lake Oswego | $193k |
| Blue Ridge School Education Foundation Incorporated | Cashiers | $193k |
| Friends of the Herman Brown Free Library Inc | Burnet | $193k |
| Joyful Noise Daycare | Grundy Center | $193k |