Joseph N Hermann Youth Center Inc

Analysis

Joseph N Hermann Youth Center Inc is a registered charity in United States, based in North Andover, MA. It received its IRS tax-exemption ruling in January 1996, 30 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 June 2023, Joseph N Hermann Youth Center Inc reported income of $292k and spending of $103k, leaving 65% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $130k to $292k (+125%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 57% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Joseph N Hermann Youth Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Interscholastic Athletic Association of Maryland Inc ($291k), Lindenhurst Junior Squires Soccer League ($292k) and Leilani Farm Sanctuary ($291k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.