Hornell Area Concern for Youth Inc

Analysis

Hornell Area Concern for Youth Inc is a registered charity in United States, based in Hornell, NY. It received its IRS tax-exemption ruling in May 1977, 49 years ago. 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, Hornell Area Concern for Youth Inc reported income of $307k and spending of $282k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $321k to $307k (-4.2%), an average of -1.1% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hornell Area Concern for Youth Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Mu Phi Epsilon Foundation ($307k), Kickstand Comedy ($307k) and Fideicomiso Para El Desarrollo de Rio Piedras ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Other salaries and wages came to $167k. At year end it held assets of $336k against liabilities of $0, net assets of $336k. It reported 6 employees.