Naugatuck Youth Services Inc

Analysis

Naugatuck Youth Services Inc is a registered charity in United States, based in Naugatuck, CT. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Naugatuck Youth Services Inc reported income of $554k and spending of $495k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $387k to $554k (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Naugatuck Youth Services Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Wings for Success ($554k), Little Knights Learning Center ($554k) and North Carolina Caring Dental Professionals ($554k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $339k. At year end it held assets of $538k against liabilities of $57k, net assets of $481k. It reported 63 employees.