Small Public Charity

VELA YOUTH FUND INC

VELA YOUTH FUND INC is a Small Public Charity headquartered in Palm Desert, CA. Financial data from the 2025 filing: $49K revenue, $67K expenses, $79K total assets. 2 publicly reported grants to this organization, totaling roughly $20K, appear in IRS filings.

EIN: 384007720 Palm Desert, CA Latest filing: 2025
Total Revenue$49K
Total Expenses$67K
Total Assets$79K
Grant Records2
Funding Total$20K
Filing Years2022–2025

Mission

VELA Youth Fund's primary exempt purpose is to assist in the Spiritual, Cultural, Social and Academic Development of Black Youth. We do not have a "hands on" program. We partner with organizations who work with children by providing financial, research, curriculum, and other development resources. We advocate for black and brown children in Africa, the Caribbean, and the United States of America. We assist in youth development via the preparation and maintenance of our patented "Black Youth Development Program or BYD" curriculum. We intially placed it on the Canvas LMS and now on a system of PDF files, to be accessed Free of Charge by user organizations working to help Black and Brown Youth.

Officers & Directors

VP Technology and Webmaster Anthony Mitchell
VP Research and Statistics Candacie Riggins
VP Faith Based Partnerships Earl Dixon
Chairman and Treasurer Earl Mitchell
VP International Partnerships Eleanor Mitchell
VP Entertainment/Fund Raising Emily Linbeck

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY SERVICE PROGRAMS
$10,000 1 grant
COMMUNITY SUPPORT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $49K $67K $79K
2024 $73K $41K $96K
2023 $30K $28K $64K
2022 $60K $35K $62K

Between 2022 and 2025, reported annual revenue declined from $60K to $49K (-17%), with total assets most recently reported at $79K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for VELA YOUTH FUND INC

Complete financials, all 2 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time