Wilkes Youth Life Development Inc

Analysis

Wilkes Youth Life Development Inc is a registered charity in United States, based in Moravian FLS, NC. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Wilkes Youth Life Development Inc reported income of $687k and spending of $394k, leaving 43% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $139k to $687k (+396%), an average of +396% a year. The sharpest change came in the year to June 2024, when income rose by 396%. Over the whole period it spent 59% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wilkes Youth Life Development Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Shelby County Players Inc ($687k), Camp Caudle Inc ($687k) and Pearland Aquatics Inc ($687k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% and program service revenue 37% of the total. Other salaries and wages came to $147k. At year end it held assets of $348k against liabilities of $0, net assets of $348k. It reported 4 employees.