Spencer-Van Etten Youth Association Inc

Analysis

Spencer-Van Etten Youth Association Inc is a registered charity in United States, based in Spencer, NY. It received its IRS tax-exemption ruling in August 1994, 32 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, Spencer-Van Etten Youth Association Inc reported income of $71k and spending of $67k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $71k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. 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, Spencer-Van Etten Youth Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Sound Check Group Inc ($71k), Motiv8u of North Central Florida Inc ($71k) and Tiverton Youth Soccer Assoc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.