Worcester Youth Center Inc

Analysis

Worcester Youth Center Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in April 1995, 31 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 December 2023, Worcester Youth Center Inc reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Worcester Youth Center 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 83rd percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Youth Marine Foundation ($1.4m), Kids Beach Club ($1.4m) and Chicano & Latino Youth Leadership Project ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $878k. At year end it held assets of $2.9m against liabilities of $547k, net assets of $2.4m. It reported 42 employees.