Mt Vernon Youth Development Group

Analysis

Mt Vernon Youth Development Group is a registered charity in United States, based in Elizabeth, PA. It received its IRS tax-exemption ruling in November 1966, 60 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 October 2023, Mt Vernon Youth Development Group reported income of $285k and spending of $347k, spending 122% of what it took in. Across the 3 years on record, from October 2021 to October 2023, income grew from $216k to $285k (+32%), an average of +15% a year. The sharpest change came in the year to October 2022, when income rose by 74%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mt Vernon Youth Development Group sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include American Excellence Foundation ($285k), Carpinteria Lions Building Assoc ($285k) and Ark Christian Child Care Center ($285k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 52% and program service revenue 32% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.