Wayside Youth & Family Support Network

Analysis

Wayside Youth & Family Support Network is a registered charity in United States, based in Framingham, MA. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wayside Youth & Family Support Network reported income of $56.9m and spending of $53.0m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $37.0m to $56.9m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wayside Youth & Family Support Network sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Kodiak Area Native Association ($56.6m), Catholic Charities of Los Angeles ($56.9m) and Little Flower Children & Family Services of New York ($56.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.8m (3.4% of expenses). Other salaries and wages came to $31.9m. At year end it held assets of $58.2m against liabilities of $19.2m, net assets of $39.1m. It reported 688 employees.