Youth Employment Partnership Inc
Analysis
Youth Employment Partnership Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 September 2023, Youth Employment Partnership Inc reported income of $5.8m and spending of $4.5m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.6m to $5.8m (+61%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 54%. Over the whole period it spent 80% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Youth Employment Partnership Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Hester Street Collaborative Inc ($5.7m), Grow Associates Inc ($5.8m) and Columbia Empowerment Zone Inc ($5.7m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $284k (6.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $10.2m against liabilities of $728k, net assets of $9.5m. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 3.1%
- Other 7.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hester Street Collaborative Inc | New York | $5.7m |
| Grow Associates Inc | Randolph | $5.8m |
| Columbia Empowerment Zone Inc | Columbia | $5.7m |
| Federation Housing Inc | Philadelphia | $5.8m |