Youth Investment Foundation

Analysis

Youth Investment Foundation is a registered charity in United States, based in Medina, MN. It received its IRS tax-exemption ruling in May 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Youth Investment Foundation reported income of $4.1m and spending of $3.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.1m (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Investment Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Transition Services Inc ($4.1m), Mrelief ($4.1m) and Masbia of Boro Park ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $169k (4.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.7m against liabilities of $331k, net assets of $3.3m. It reported 55 employees.