Tri-Town Youth Services Bureau Inc

Analysis

Tri-Town Youth Services Bureau Inc is a registered charity in United States, based in Deep River, CT. It received its IRS tax-exemption ruling in August 1998, 28 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, Tri-Town Youth Services Bureau Inc reported income of $425k and spending of $345k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $425k (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tri-Town Youth Services Bureau Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($425k), James Project Inc ($426k) and Oakland Police-Community Activities League ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $23k (6.7% of expenses). Other salaries and wages came to $200k. At year end it held assets of $280k against liabilities of $0, net assets of $280k. It reported 13 employees.