Youthbuild Boston Inc

Analysis

Youthbuild Boston Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in September 1994, 32 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 September 2023, Youthbuild Boston Inc reported income of $3.2m and spending of $3.2m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.4m to $3.2m (+30%), an average of +6.7% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youthbuild Boston Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Friends Outside in Los Angeles County ($3.2m), Tabor 100 ($3.2m) and YWCA of Asheville and Western North Carolina Inc ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $222k (7.0% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $913k against liabilities of $208k, net assets of $705k. It reported 36 employees.