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Youth Continuum Inc

RegisteredEIN 06-0848949Hamden, CTPoverty relief
Income$4.9m2023-06
Spending$4.9msame year
Spent / received95%5-year average
Size in its cause90th pctPoverty relief
Exempt since1968Publicly supported organisat
Employees93latest return

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

$0$1.6m$3.2m$4.7m$6.3m2019 Income: $4,392,3762019 Spending: $4,394,32620192020 Income: $4,475,7962020 Spending: $4,383,99020202021 Income: $6,309,2012021 Spending: $4,970,93020212022 Income: $4,791,7092022 Spending: $4,853,42620222023 Income: $4,867,3132023 Spending: $4,918,0102023
IncomeSpending

Where the income comes from

  • Contributions & grants 80%
  • Program services 19%
  • Other 1.2%

Similar-sized charities, same cause

CharityLocationIncome
The Scenic Rivers Young Mens Christian AssociationOil City$4.9m
Sun City Center Community Association IncSt Petersburg$4.9m
Elizabeths New Life Center IncDayton$4.9m
Presbyterian Residential Community IncNew Hartford$4.9m