Changing Lives Youth Services Inc

Analysis

Changing Lives Youth Services Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 2013, 13 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 (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 2023, Changing Lives Youth Services Inc reported income of $1.4m and spending of $1.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $579k to $1.4m (+147%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Changing Lives Youth Services Inc 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 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Kids Beach Club ($1.4m), Peace First Inc ($1.4m) and Worcester Youth Center Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $105k (8.1% of expenses). Other salaries and wages came to $551k. At year end it held assets of $795k against liabilities of $350k, net assets of $445k. It reported 4 employees.