Specialized Alternatives for Families and Youth of Kentucky Inc

Analysis

Specialized Alternatives for Families and Youth of Kentucky Inc is a registered charity in United States, based in Delphos, OH. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Specialized Alternatives for Families and Youth of Kentucky Inc reported income of $12.0m and spending of $11.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.0m to $12.0m (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Specialized Alternatives for Families and Youth of Kentucky Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Holly Hall ($12.0m), YMCA of Catawba Valley ($12.0m) and Family & Childrens Place Inc ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $160k (1.4% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $1.2m against liabilities of $863k, net assets of $339k. It reported 75 employees.