Ignite Youth Club Inc

Analysis

Ignite Youth Club Inc is a registered charity in United States, based in Mt Pleasant, TX. It received its IRS tax-exemption ruling in June 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, Ignite Youth Club Inc reported income of $582k and spending of $317k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $340k to $582k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 54% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ignite Youth Club Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Save a Girl Save a World ($581k), Young Life of Canada-Jeune Vie du Canada ($583k) and Southern Youth Leadership Development Institute ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Other salaries and wages came to $168k. At year end it held assets of $522k against liabilities of $0, net assets of $522k. It reported 31 employees.