Youth Alternatives Inc

Analysis

Youth Alternatives Inc is a registered charity in United States, based in Oil City, PA. It received its IRS tax-exemption ruling in January 1978, 48 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, Youth Alternatives Inc reported income of $338k and spending of $370k, spending 109% of what it took in. Across the 6 years on record, from June 2017 to June 2023, income grew from $202k to $338k (+67%), an average of +11% a year. The sharpest change came in the year to June 2019, when income rose by 68%. 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, Youth Alternatives Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Tulare County Foundation for Ag Education and Youth ($338k), Morley Extended Daycare Inc ($338k) and Rise Women Leadership Conference ($338k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $32k (8.6% of expenses). Other salaries and wages came to $153k. At year end it held assets of $253k against liabilities of $20k, net assets of $232k. It reported 15 employees.