Joseph Firth Youth Center

Analysis

Joseph Firth Youth Center is a registered charity in United States, based in Phillipsburg, NJ. It received its IRS tax-exemption ruling in May 1958, 68 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Joseph Firth Youth Center reported income of $1.4m and spending of $903k, leaving 37% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $706k to $1.4m (+104%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 58% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Joseph Firth Youth Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include One World Link ($1.4m), 1000 Generations Inc ($1.4m) and Boys & Girls Clubs of Northeast Ohio Education Coalition ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $130k (14% of expenses). Other salaries and wages came to $376k. At year end it held assets of $3.5m against liabilities of $842k, net assets of $2.7m. It reported 38 employees.