Youth for Understanding USA Inc

Analysis

Youth for Understanding USA Inc is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, Youth for Understanding USA Inc reported income of $5.3m and spending of $5.4m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $7.3m to $5.3m (-27%), an average of -9.8% a year. The sharpest change came in the year to June 2021, when income dropped by 45%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Youth for Understanding USA 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 92nd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Grant Foundation ($5.3m), Blessings International ($5.3m) and Hope Haven Charitable Trust ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $2.3m against liabilities of $3.1m, net assets of -$764k. It reported 45 employees.