Youth Development Organization Inc

Analysis

Youth Development Organization Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in June 2003, 23 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 August 2023, Youth Development Organization Inc reported income of $1.8m and spending of $1.4m, spending 80% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $711k to $1.8m (+149%), an average of +26% a year. The sharpest change came in the year to August 2021, when income rose by 52%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Development Organization Inc sits at the 91st percentile: it is larger than about 91% 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 Wozu Inc ($1.8m), Oakland Kids First ($1.8m) and Future 5 Inc ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $120k (8.4% of expenses). Other salaries and wages came to $618k. At year end it held assets of $1.5m against liabilities of $31k, net assets of $1.4m. It reported 40 employees.