Discovery Youth Foundation Inc

Analysis

Discovery Youth Foundation Inc is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in April 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, Discovery Youth Foundation Inc reported income of $121k and spending of $107k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $153k to $121k (-21%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Discovery Youth Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Scholastic Interest Group Foundation Inc ($121k), Fort Valley Youth Center of Excellence Inc ($121k) and Edrice Adebayo Foundation Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.