Glens Falls Area Youth Center Inc

Analysis

Glens Falls Area Youth Center Inc is a registered charity in United States, based in Glens Falls, NY. It received its IRS tax-exemption ruling in February 1969, 57 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Glens Falls Area Youth Center Inc reported income of $351k and spending of $304k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $351k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Glens Falls Area Youth Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include South Dakota Youth Hunting Adventures ($351k), Rockbridge Ballet ($351k) and Mbsa ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $166k. At year end it held assets of $1.6m against liabilities of $12k, net assets of $1.6m. It reported 5 employees.