Together for Youth

Analysis

Together for Youth is a registered charity in United States, based in Canaan, NY. It received its IRS tax-exemption ruling in August 1933, 93 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Together for Youth reported income of $67.8m and spending of $71.0m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $48.3m to $67.8m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Together for Youth sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Korean Womens Association ($67.8m), Cal Foods Logistics ($67.9m) and Chi Living Communities ($67.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $737k (1.0% of expenses). Other salaries and wages came to $35.8m. At year end it held assets of $78.5m against liabilities of $16.2m, net assets of $62.3m. It reported 874 employees.