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Community Youth Advance Incorporated

RegisteredEIN 20-3702536Hyattsville, MDChildren and youth development
Income$3.0m2023-06
Spending$3.0msame year
Spent / received92%5-year average
Size in its cause94th pctChildren and youth development
Exempt since2006Publicly supported organisat
Employees25latest return

Analysis

Community Youth Advance Incorporated is a registered charity in United States, based in Hyattsville, MD. 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 June 2023, Community Youth Advance Incorporated reported income of $3.0m and spending of $3.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $3.0m (+190%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Community Youth Advance Incorporated sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include I C a N Improving Chandlers Area Neighborhoods ($3.0m), Congaree Foundation ($3.0m) and Youth Peace Center of Roseland NFP ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $132k (4.3% of expenses). Other salaries and wages came to $497k. At year end it held assets of $1.2m against liabilities of $101k, net assets of $1.1m. It reported 25 employees.

Income and spending

$0$762k$1.5m$2.3m$3.0m2019 Income: $1,038,5442019 Spending: $775,58420192020 Income: $1,284,0822020 Spending: $1,176,54220202021 Income: $1,486,6012021 Spending: $1,383,26220212022 Income: $2,112,2562022 Spending: $1,834,65820222023 Income: $3,011,8202023 Spending: $3,049,2142023
IncomeSpending

Where the income comes from

  • Contributions & grants 93%
  • Program services 5.5%
  • Other 1.6%

Similar-sized charities, same cause

CharityLocationIncome
I C a N Improving Chandlers Area NeighborhoodsChandler$3.0m
Congaree FoundationHouston$3.0m
Youth Peace Center of Roseland NFPChicago$3.0m
Institute for the Development of African American Youth IncPhiladelphia$3.0m