Loudoun Youth Inc

Analysis

Loudoun Youth Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in September 2006, 20 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, Loudoun Youth Inc reported income of $142k and spending of $120k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $191k to $142k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Loudoun Youth Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include Condors Community Foundation ($142k), Boys & Girls Club of Jacksonville ($142k) and Weare Athletic Club ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 22% of the total. Other salaries and wages came to $60k. At year end it held assets of $142k against liabilities of $1,098, net assets of $140k. It reported 2 employees.