Youth Entrepreneurs

Analysis

Youth Entrepreneurs is a registered charity in United States, based in Hamden, CT. It received its IRS tax-exemption ruling in August 2021, 5 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 (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 Entrepreneurs reported income of $125k and spending of $97k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $125k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Entrepreneurs sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Right Road Kids Inc ($125k), Fenix Youth Project Inc ($125k) and Abington Police Pal ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.