Aldersgate Youth Service Bureau

Analysis

Aldersgate Youth Service Bureau is a registered charity in United States, based in Willow Grove, PA. It received its IRS tax-exemption ruling in November 1972, 54 years ago. 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, Aldersgate Youth Service Bureau reported income of $734k and spending of $752k, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $589k to $734k (+25%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aldersgate Youth Service Bureau 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 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include NHC Foundation Inc ($734k), Cornerstone Center for the Arts Inc ($734k) and Charlie Daniels Journey Home Project ($734k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $104k (14% of expenses). Other salaries and wages came to $481k. At year end it held assets of $543k against liabilities of $20k, net assets of $523k. It reported 41 employees.