District Three Youth & Adults Inc

Analysis

District Three Youth & Adults Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, District Three Youth & Adults Inc reported income of $734k and spending of $527k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $756k to $734k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, District Three Youth & Adults Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Beauregard Council of the Aging Inc ($734k), MVP Leader Group Inc ($734k) and Goodwin & Goodwin Incorporated ($734k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.9% and program service revenue 105% of the total. Other salaries and wages came to $317k. At year end it held assets of $7.1m against liabilities of $3.9m, net assets of $3.2m. It reported 14 employees.