Long Island Youth Mentoring Inc

Analysis

Long Island Youth Mentoring Inc is a registered charity in United States, based in Brentwood, NY. It received its IRS tax-exemption ruling in September 1954, 72 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, Long Island Youth Mentoring Inc reported income of $630k and spending of $731k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $630k (-41%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Long Island Youth Mentoring Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Makin It Happen Coalition for Resilient Youth Inc ($629k), Camp Mechaya Inc ($631k) and Brooklyn Book Bodega Inc ($628k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $95k (13% of expenses). Other salaries and wages came to $357k. At year end it held assets of $1.3m against liabilities of $37k, net assets of $1.3m. It reported 7 employees.