Municipal Forum Youth Education Fund

Analysis

Municipal Forum Youth Education Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1998, 28 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 September 2023, Municipal Forum Youth Education Fund reported income of $208k and spending of $176k, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $219k to $208k (-4.7%), an average of -1.2% a year. The sharpest change came in the year to September 2021, when income rose by 137%. 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, Municipal Forum Youth Education Fund sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Lynbrook Excellence in Education Foundation ($208k), Golden Bear Foundation ($208k) and Visitor Industry Human Resource Development Council Inc ($208k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 15% of the total. At year end it held assets of $1.3m against liabilities of $174k, net assets of $1.1m.