Williamstown Youth Center Inc

Analysis

Williamstown Youth Center Inc is a registered charity in United States, based in Williamstown, MA. It received its IRS tax-exemption ruling in May 1972, 54 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Williamstown Youth Center Inc reported income of $773k and spending of $634k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $430k to $773k (+80%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Williamstown Youth Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Korean American Special Education Center ($773k), Heart of Illinois Big Brothers/Big Sisters ($773k) and Pursuit of Innovation ($771k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $73k (11% of expenses). Other salaries and wages came to $244k. At year end it held assets of $4.9m against liabilities of $102k, net assets of $4.8m. It reported 37 employees.