Beloved Youth Moving Forward Inc

Analysis

Beloved Youth Moving Forward Inc is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Beloved Youth Moving Forward Inc reported income of $216k and spending of $122k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $255k to $216k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beloved Youth Moving Forward Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Fostering Further ($216k), Medina County Law Enforcement Association LLC ($216k) and Pawsitivity ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $296k against liabilities of $0, net assets of $296k.