Youth Communication New York Center Inc

Analysis

Youth Communication New York Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1981, 45 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Communication New York Center Inc reported income of $2.0m and spending of $1.9m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.0m (+17%), an average of +5.4% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth Communication New York Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Society for Industrial Microbiology and Biotechnology ($2.0m), Yunus Emre Foundation Inc ($2.0m) and Certified Angels a NJ Nonprofit Corporation ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $109k (5.7% of expenses). Other salaries and wages came to $917k. At year end it held assets of $2.7m against liabilities of $686k, net assets of $2.0m. It reported 20 employees.