Friends of the Southborough Youth Commission Inc

Analysis

Friends of the Southborough Youth Commission Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in May 2002, 24 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 2024, Friends of the Southborough Youth Commission Inc reported income of $53k and spending of $68k, spending 129% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $83k to $53k (-37%), an average of -37% a year. The sharpest change came in the year to June 2024, when income dropped by 37%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of the Southborough Youth Commission Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Learning Links Foundation Inc ($53k), Circles of Grant County Inc ($53k) and Escuela Sarang ($53k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.