Apex Youth Connection

Analysis

Apex Youth Connection is a registered charity in United States, based in Biddeford, ME. It received its IRS tax-exemption ruling in March 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, Apex Youth Connection reported income of $345k and spending of $415k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $345k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Apex Youth Connection sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within ME. Charities of a similar size with the same main cause include Fargo Post 2 Baseball Club ($345k), Girls on the Run-Idaho Inc ($345k) and KLT Enterprise Inc NFP ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $90k (22% of expenses). Other salaries and wages came to $119k. At year end it held assets of $1.0m against liabilities of $56k, net assets of $970k. It reported 9 employees.