Special Young Adults Inc

Analysis

Special Young Adults Inc is a registered charity in United States, based in Nutley, NJ. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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 November 2023, Special Young Adults Inc reported income of $79k and spending of $68k, spending 86% of its income. Across the 4 years on record, from November 2019 to November 2023, income grew from $67k to $79k (+18%), an average of +5.7% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Special Young Adults Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Dallas Choong Hyun Presbyterian Church ($79k), Blind Recreation Center of San Diego ($79k) and Pittsburgh Psychoanalytic Institute ($79k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. At year end it held assets of $346k against liabilities of $0, net assets of $346k.