Reformed Youth Movement Inc
Analysis
Reformed Youth Movement Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1976, 50 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Reformed Youth Movement Inc reported income of $3.8m and spending of $3.2m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.8m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 92% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Reformed Youth Movement Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Boys & Girls Club of Glasgow Barren County ($3.8m), Guitars Over Guns Organization Inc ($3.8m) and Boys & Girls Club of Central Alabama ($3.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $225k (7.1% of expenses). Other salaries and wages came to $535k. At year end it held assets of $1.2m against liabilities of $93k, net assets of $1.1m. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 32%
- Program services 67%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boys & Girls Club of Glasgow Barren County | Glasgow | $3.8m |
| Guitars Over Guns Organization Inc | Miami | $3.8m |
| Boys & Girls Club of Central Alabama | Birmingham | $3.8m |
| Services of Hope Entities Inc | Dallas | $3.8m |