Youthful Impact

Analysis

Youthful Impact is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Youthful Impact reported income of $190k and spending of $197k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $190k (+1.5%), an average of +1.5% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youthful Impact sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Gussie M Walker Community Outreach Organization Inc ($190k), Manheim Central Foundation for Educational Enrichment ($190k) and The Washington Irving PTO of Oak Park ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (12% of expenses). Other salaries and wages came to $12k. At year end it held assets of $454 against liabilities of $0, net assets of $454. It reported 4 employees.