Young Americas Foundation

Analysis

Young Americas Foundation is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in December 1969, 57 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 December 2023, Young Americas Foundation reported income of $34.4m and spending of $36.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $33.1m to $34.4m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Young Americas Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include New Horizons Resources Inc ($34.4m), Yale New Haven Health at Home Inc ($34.4m) and Southern Mississippi Planning and Development District Inc ($34.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $3.5m (9.6% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $104.6m against liabilities of $9.5m, net assets of $95.1m. It reported 75 employees.