Young Man Social Club

Analysis

Young Man Social Club is a registered charity in United States, based in St Helena Is, SC. It received its IRS tax-exemption ruling in October 2019, 7 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, Young Man Social Club reported income of $71k and spending of $48k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $71k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. 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, Young Man Social Club sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 34th percentile within SC. Charities of a similar size with the same main cause include Christian Cowboy Ministries of Arizona ($71k), Fairbrook Parent Teacher Organization ($71k) and I Choose to Win ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 76% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.