Fresh Youth Initiatives Inc

Analysis

Fresh Youth Initiatives Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1994, 32 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, Fresh Youth Initiatives Inc reported income of $4.0m and spending of $3.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $4.0m (+70%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fresh Youth Initiatives Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Wayne Provision ($4.0m), Emerge Ministries Inc ($4.0m) and Greater Minneapolis Crisis Nursery ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $181k (4.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.2m against liabilities of $301k, net assets of $4.9m. It reported 95 employees.