Year Up Inc
EIN: 43534407 · Boston, MA · NTEE: B41
| Metric | Value |
|---|---|
| Total Revenue | $174.3M |
| Total Expenses | $194.2M |
| Net Assets | $171.8M |
Is Year Up Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Year Up Inc
Year Up Inc (EIN: 43534407) is a nonprofit organization based in Boston, MA, classified under NTEE code B41. The organization reported total revenue of $174.3M and total assets of $179.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Year Up Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Year Up Inc is a major nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $186.2M |
| Total Expenses | $194.2M |
| Surplus / Deficit | $-8,064,112 |
| Total Assets | $216.2M |
| Total Liabilities | $44.4M |
| Net Assets | $171.8M |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 20.5% |
| Months of Reserves | 13.4 months |
Financial Health Grade: B
In 2023, Year Up Inc reported a deficit of $8.1M with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 20.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Year Up Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +19.4% | -4.5% |
| 2022 | -6.5% | +15.8% | +21.0% |
| 2021 | +15.2% | -9.0% | +42.3% |
| 2020 | -3.7% | -9.5% | +6.8% |
| 2019 | +13.0% | +14.9% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Year Up Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Year Up Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.5%.
Frequently Asked Questions about Year Up Inc
Is Year Up Inc a legitimate charity?
Year Up Inc (EIN: 43534407) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $174.3M. No red flags identified. Financial health grade: B.
How does Year Up Inc spend its money?
Year Up Inc reported $174.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Year Up Inc tax-deductible?
Year Up Inc is registered as a tax-exempt nonprofit (EIN: 43534407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Year Up Inc located?
Year Up Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 43534407. It is classified under NTEE code B41.
How many years of IRS 990 filings does Year Up Inc have?
Year Up Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $174.3M in total revenue.
Filing History
IRS 990 filing history for Year Up Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Year Up Inc's revenue has grown by 300.8%, moving from $46.4M to $186.2M. Total assets increased by 337.5% over the same period, from $49.4M to $216.2M. Total functional expenses rose by 387.4%, from $39.8M to $194.2M. In its most recent filing year (2023), Year Up Inc reported a deficit of $8.1M, with expenses exceeding revenue. The organization holds $44.4M in liabilities against $216.2M in assets (debt-to-asset ratio: 20.5%), resulting in net assets of $171.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $186.2M | $194.2M | $216.2M | $44.4M | — | View 990 |
| 2022 | $179.3M | $162.7M | $226.4M | $50.0M | — | View 990 |
| 2021 | $191.7M | $140.5M | $187.2M | $24.8M | — | View 990 |
| 2020 | $166.4M | $154.3M | $131.5M | $21.7M | — | View 990 |
| 2019 | $172.7M | $170.5M | $123.2M | $26.2M | — | View 990 |
| 2018 | $152.9M | $148.4M | $118.4M | $24.0M | — | View 990 |
| 2017 | $134.2M | $126.2M | $113.3M | $21.6M | — | — |
| 2016 | $105.7M | $106.8M | $105.0M | $20.9M | — | View 990 |
| 2015 | $113.9M | $86.3M | $102.1M | $19.7M | — | View 990 |
| 2014 | $69.7M | $70.1M | $69.4M | $13.7M | — | View 990 |
| 2013 | $69.9M | $57.1M | $66.2M | $8.8M | — | View 990 |
| 2012 | $51.5M | $45.9M | $54.9M | $9.1M | — | View 990 |
| 2011 | $46.4M | $39.8M | $49.4M | $8.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $186.2M, expenses of $194.2M, and assets of $216.2M (revenue +3.8% year-over-year).
- 2022: Revenue of $179.3M, expenses of $162.7M, and assets of $226.4M (revenue -6.5% year-over-year).
- 2021: Revenue of $191.7M, expenses of $140.5M, and assets of $187.2M (revenue +15.2% year-over-year).
- 2020: Revenue of $166.4M, expenses of $154.3M, and assets of $131.5M (revenue -3.7% year-over-year).
- 2019: Revenue of $172.7M, expenses of $170.5M, and assets of $123.2M (revenue +13.0% year-over-year).
- 2018: Revenue of $152.9M, expenses of $148.4M, and assets of $118.4M (revenue +13.9% year-over-year).
- 2017: Revenue of $134.2M, expenses of $126.2M, and assets of $113.3M (revenue +27.0% year-over-year).
- 2016: Revenue of $105.7M, expenses of $106.8M, and assets of $105.0M (revenue -7.2% year-over-year).
- 2015: Revenue of $113.9M, expenses of $86.3M, and assets of $102.1M (revenue +63.4% year-over-year).
- 2014: Revenue of $69.7M, expenses of $70.1M, and assets of $69.4M (revenue -0.3% year-over-year).
- 2013: Revenue of $69.9M, expenses of $57.1M, and assets of $66.2M (revenue +35.8% year-over-year).
- 2012: Revenue of $51.5M, expenses of $45.9M, and assets of $54.9M (revenue +10.9% year-over-year).
- 2011: Revenue of $46.4M, expenses of $39.8M, and assets of $49.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Year Up Inc:
Data Sources and Methodology
This transparency report for Year Up Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.