Youth Development Clinic of Newark

Analysis

Youth Development Clinic of Newark is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Youth Development Clinic of Newark reported income of $903k and spending of $1.1m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $865k to $903k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Youth Development Clinic of Newark sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Central Oregon Disablility Support Network Inc ($903k), Indiana State Pipe Trades & Mechani Cal Contractors of Indiana ($904k) and Lutheran Home Care Personal Assistance ($903k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $137k (13% of expenses). Other salaries and wages came to $665k. At year end it held assets of $146k against liabilities of $203k, net assets of -$56k. It reported 51 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.