New Vision Youth Services Inc

Analysis

New Vision Youth Services Inc is a registered charity in United States, based in Randallstown, MD. It received its IRS tax-exemption ruling in August 2005, 21 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 June 2023, New Vision Youth Services Inc reported income of $2.1m and spending of $2.1m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $2.1m (+49%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 119%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, New Vision Youth Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include University Christian Outreach ($2.1m), Jounce Partners Inc ($2.1m) and San Diego Youth Foundation ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $393k against liabilities of $319k, net assets of $74k. It reported 42 employees.