Strong Young Minds Youth Development Inc

Analysis

Strong Young Minds Youth Development Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in July 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, Strong Young Minds Youth Development Inc reported income of $360k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $360k (+136%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 30% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Strong Young Minds Youth Development Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Big Bend Livestock Show Association Inc ($360k), Youth Speak Out International ($361k) and Ohana Leadership Institute ($360k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 5 employees.