Alternatives for Youth Foundation Inc

Analysis

Alternatives for Youth Foundation Inc is a registered charity in United States, based in Marlborough, MA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Alternatives for Youth Foundation Inc reported income of $1.9m and spending of $599k, leaving 68% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $403k to $1.9m (+365%), an average of +47% a year. The sharpest change came in the year to June 2021, when income rose by 650%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alternatives for Youth Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include International Union of Bricklayers and Allied Craftworkers ($1.9m), Lifequest Inc ($1.9m) and The Lutheran Care Network Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% of the total. At year end it held assets of $39.8m against liabilities of $435k, net assets of $39.3m.