Friends of the Stoughton Area Youth Center Inc

Analysis

Friends of the Stoughton Area Youth Center Inc is a registered charity in United States, based in Stoughton, WI. It received its IRS tax-exemption ruling in August 2008, 18 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, Friends of the Stoughton Area Youth Center Inc reported income of $169k and spending of $193k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $305k to $169k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of the Stoughton Area Youth Center Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Interboro Hornets ($169k), Lake Eustis Youth Sailing Foundation Inc ($169k) and Regents of the University of Minnesota ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.