Youth First Community of Promise

Analysis

Youth First Community of Promise is a registered charity in United States, based in Andover, MN. It received its IRS tax-exemption ruling in July 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, Youth First Community of Promise reported income of $241k and spending of $213k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $241k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth First Community of Promise sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include State of West Virginia - West Virginia University ($241k), His Camps Inc ($241k) and Caring for Kids ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $131k. At year end it held assets of $33k against liabilities of $0, net assets of $33k.