Friends of the Addison Youth Center Inc

Analysis

Friends of the Addison Youth Center Inc is a registered charity in United States, based in Addison, NY. It received its IRS tax-exemption ruling in April 1999, 27 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, Friends of the Addison Youth Center Inc reported income of $244k and spending of $290k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $293k to $244k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of the Addison Youth Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Hidden Jewels ($244k), Farmingdale Soccer Club Inc ($244k) and Connect to Greatness Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $37k (13% of expenses). Other salaries and wages came to $174k. At year end it held assets of $356k against liabilities of $8,890, net assets of $347k. It reported 24 employees.