Youth Continuum Inc
Analysis
Youth Continuum Inc is a registered charity in United States, based in Hamden, CT. It received its IRS tax-exemption ruling in November 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Youth Continuum Inc reported income of $4.9m and spending of $4.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $4.9m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 95% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Continuum Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include The Scenic Rivers Young Mens Christian Association ($4.9m), Sun City Center Community Association Inc ($4.9m) and Elizabeths New Life Center Inc ($4.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $286k (5.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.5m against liabilities of $932k, net assets of $4.6m. It reported 93 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 19%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Scenic Rivers Young Mens Christian Association | Oil City | $4.9m |
| Sun City Center Community Association Inc | St Petersburg | $4.9m |
| Elizabeths New Life Center Inc | Dayton | $4.9m |
| Presbyterian Residential Community Inc | New Hartford | $4.9m |