Attic Youth Center

Analysis

Attic Youth Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2000, 26 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 June 2023, Attic Youth Center reported income of $2.2m and spending of $1.5m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.2m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 45%. 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, Attic Youth Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Camp Fire ($2.2m), Beyond Sport Foundation ($2.2m) and Good Will Farm Association ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $146k (9.6% of expenses). Other salaries and wages came to $761k. At year end it held assets of $2.5m against liabilities of $46k, net assets of $2.4m. It reported 31 employees.