Lowell Youth Leadership Program Inc

Analysis

Lowell Youth Leadership Program Inc is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in March 2022, 4 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 (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, Lowell Youth Leadership Program Inc reported income of $276k and spending of $101k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $276k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 32% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lowell Youth Leadership Program Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Omega Baltimore Foundation Inc ($276k), McDonald Ranch Inc ($276k) and Icare4 Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $52k. At year end it held assets of $370k against liabilities of $0, net assets of $370k. It reported 25 employees.