Youthbuild Global Inc

Analysis

Youthbuild Global Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 2022, Youthbuild Global Inc reported income of $23.1m and spending of $23.5m, spending 102% of its income. Across the 5 years on record, from December 2018 to December 2022, income fell from $26.5m to $23.1m (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Youthbuild Global Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Deep East Texas Local Workforce Development Board Incorporated ($23.1m), Northern Manhattan Improvement Corp ($23.1m) and Metropolitan Development Council ($23.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $919k (3.9% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $40.3m against liabilities of $8.5m, net assets of $31.8m. It reported 81 employees.