Youth Service Managers Inc

Analysis

Youth Service Managers Inc is a registered charity in United States, based in Boxford, MA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. 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 December 2023, Youth Service Managers Inc reported income of $1.7m and spending of $1.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 1648%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Service Managers 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 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Gateway to Success ($1.7m), East Bay Bicycle Coalition ($1.7m) and Red Rocks Community College Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 96% of the total. Other salaries and wages came to $592k. At year end it held assets of $5.0m against liabilities of $2.6m, net assets of $2.4m. It reported 116 employees.