Youth Driving for Values

Analysis

Youth Driving for Values is a registered charity in United States, based in S Salt Lake, UT. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Youth Driving for Values reported income of $558k and spending of $563k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $335k to $558k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Youth Driving for Values sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within UT. Charities of a similar size with the same main cause include Reading Youth Hockey Association Inc ($558k), Atlanta Community Toolbank Inc ($558k) and Chugiak Soccer Club Inc ($558k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 22% of the total. Other salaries and wages came to $261k. At year end it held assets of $391k against liabilities of $149k, net assets of $242k. It reported 23 employees.