Solvay Geddes Community Youth Center Inc

Analysis

Solvay Geddes Community Youth Center Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in May 1975, 51 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, Solvay Geddes Community Youth Center Inc reported income of $362k and spending of $368k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $362k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Solvay Geddes Community 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 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Community Health Council of Lebanon County ($362k), KPWP Fundraising Inc ($362k) and CMJ Academy Inc ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $37k (10% of expenses). Other salaries and wages came to $181k. At year end it held assets of $63k against liabilities of $26k, net assets of $37k. It reported 37 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.