Life Skills for Youth

Analysis

Life Skills for Youth is a registered charity in United States, based in Burr Ridge, IL. It received its IRS tax-exemption ruling in September 2007, 19 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, Life Skills for Youth reported income of $1.7m and spending of $1.8m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $726k to $1.7m (+131%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Life Skills for Youth sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include CRHS Sacramento Work Study Inc ($1.7m), Think Equal USA Inc ($1.7m) and Boys & Girls Club of Camden County Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $801k. At year end it held assets of $51k against liabilities of $175k, net assets of -$125k. It reported 50 employees.