Danbury Youth Services Inc

Analysis

Danbury Youth Services Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in December 1972, 54 years ago. 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, Danbury Youth Services Inc reported income of $526k and spending of $588k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $523k to $526k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Danbury Youth Services Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CT. Charities of a similar size with the same main cause include Masters Plan Ministries Inc ($526k), Assisi Homes-Kenosha Inc ($526k) and Blue Hill Observatory Science Center Inc ($526k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 8.0% of the total. Other salaries and wages came to $288k. At year end it held assets of $351k against liabilities of $171k, net assets of $180k. It reported 65 employees.