Colonial Youth and Family Services Inc

Analysis

Colonial Youth and Family Services Inc is a registered charity in United States, based in Mastic Beach, NY. It received its IRS tax-exemption ruling in February 1987, 39 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 2022, Colonial Youth and Family Services Inc reported income of $1.8m and spending of $1.8m, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.4m to $1.8m (+32%), an average of +9.6% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Colonial Youth and Family Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Lexington Community Services Inc ($1.8m), Relief After Violent Encounter ($1.8m) and Mount Alvernia Day Care and Learning Center ($1.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 43% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $79k (4.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $535k against liabilities of $715k, net assets of -$180k. It reported 68 employees.