New York State Network for Youth Success Inc

Analysis

New York State Network for Youth Success Inc is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New York State Network for Youth Success Inc reported income of $1.2m and spending of $1.7m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $718k to $1.2m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 150%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York State Network for Youth Success Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Israel21c ($1.2m), Summit Education Initiative ($1.2m) and Residential Construction Workforce Partnership ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $123k (7.4% of expenses). Other salaries and wages came to $460k. At year end it held assets of $723k against liabilities of $164k, net assets of $559k. It reported 13 employees.