Youth Challenge of New York Inc

Analysis

Youth Challenge of New York Inc is a registered charity in United States, based in Spencer, NY. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Youth Challenge of New York Inc reported income of $272k and spending of $291k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $207k to $272k (+32%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Challenge of New York Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Christian Methodist Church ($272k), Orem Community Foundation ($272k) and Community Housing Services ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $821, net assets of $56k.