Youth Network of Florida Inc

Analysis

Youth Network of Florida Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Network of Florida Inc reported income of $425k and spending of $459k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $425k (+86%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Youth Network of Florida Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Dieu Nhan Buddhist Meditation Association Inc ($425k), Russian Bible Society Inc ($425k) and No Hungry Children Inc ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 93% of the total. At year end it held assets of $36k against liabilities of $59k, net assets of -$23k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.