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Answer for Youth

RegisteredEIN 26-4089958Port Angeles, WAPoverty relief
Income$435k2023-12
Spending$362ksame year
Spent / received86%5-year average
Size in its cause62nd pctPoverty relief
Exempt since2009Publicly supported organisat
Employees0latest return

Analysis

Answer for Youth is a registered charity in United States, based in Port Angeles, WA. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Answer for Youth reported income of $435k and spending of $362k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $435k (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Answer for Youth sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Representative Payee Services ($435k), Weekes House Inc ($435k) and At the Cross Ministries ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $24k (6.6% of expenses). At year end it held assets of $507k against liabilities of $28k, net assets of $478k.

Income and spending

$0$109k$217k$326k$435k2019 Income: $263,1702019 Spending: $232,14620192020 Income: $270,8442020 Spending: $225,18120202021 Income: $344,7032021 Spending: $277,47720212022 Income: $310,3922022 Spending: $308,16320222023 Income: $434,6952023 Spending: $362,0252023
IncomeSpending

Where the income comes from

  • Contributions & grants 49%
  • Program services 44%
  • Other 6.8%

Similar-sized charities, same cause

CharityLocationIncome
Representative Payee ServicesColville$435k
Weekes House IncLithonia$435k
At the Cross MinistriesChambersburg$435k
Venice Area Mobile Meals IncVenice$435k