Centre County Youth Service Bureau

Analysis

Centre County Youth Service Bureau is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in December 1970, 56 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 June 2023, Centre County Youth Service Bureau reported income of $3.9m and spending of $4.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $3.9m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Centre County Youth Service Bureau sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Manteca C a P S Corporation ($3.9m), State Young Mens Christian Association of Michigan ($3.9m) and Southern Colorado Community Action Agency Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $218k (5.2% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $6.4m against liabilities of $2.4m, net assets of $4.1m. It reported 78 employees.