Hands in 4 Youth Inc

Analysis

Hands in 4 Youth Inc is a registered charity in United States, based in West Milford, NJ. It received its IRS tax-exemption ruling in July 1951, 75 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Hands in 4 Youth Inc reported income of $3.3m and spending of $2.5m, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $3.3m (+91%), an average of +18% a year. The sharpest change came in the year to September 2021, when income rose by 50%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hands in 4 Youth Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Destination Science Education for Every Child ($3.2m), Pentagon Federal Credit Union FDN Penfed Foundation ($3.3m) and Cera Sports Corporation ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Other salaries and wages came to $914k. At year end it held assets of $6.3m against liabilities of $476k, net assets of $5.8m. It reported 88 employees.