Youth Center Incorporated

Analysis

Youth Center Incorporated is a registered charity in United States, based in Cheshire, MA. It received its IRS tax-exemption ruling in May 1976, 50 years ago. 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, Youth Center Incorporated reported income of $1.2m and spending of $925k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $358k to $1.2m (+241%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Center Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Ray County Transportation Inc ($1.2m), Illinois Council on Problem Gambling ($1.2m) and St Cloud Youth Hockey Association Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $81k (8.7% of expenses). Other salaries and wages came to $525k. At year end it held assets of $1.1m against liabilities of $317k, net assets of $775k. It reported 41 employees.