Ferndale Youth Assistance Committee

Analysis

Ferndale Youth Assistance Committee is a registered charity in United States, based in Ferndale, MI. It received its IRS tax-exemption ruling in February 1974, 52 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 June 2024, Ferndale Youth Assistance Committee reported income of $605k and spending of $20k, leaving 97% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $985 to $605k (+61308%), an average of +61308% a year. The sharpest change came in the year to June 2024, when income rose by 61308%. Over the whole period it spent 4.5% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ferndale Youth Assistance Committee 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 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Atlantic Hook & Ladder Company No 1 Inc of Port Washington ($605k), Hiscec Foundation Inc ($605k) and Christian Light & Salt Foundation Inc ($605k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $625k against liabilities of $0, net assets of $625k.