Youville Place Inc

Analysis

Youville Place Inc is a registered charity in United States, based in Lexington, MA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Youville Place Inc reported income of $7.1m and spending of $7.5m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.1m to $7.1m (-12%), an average of -3.1% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Youville Place Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($7.1m), Mon Elder Services Inc ($7.1m) and Community Initiatives Development Corporation ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $192k (2.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $17.4m against liabilities of $8.9m, net assets of $8.5m. It reported 114 employees.