Forever Young Activity Center

Analysis

Forever Young Activity Center is a registered charity in United States, based in Quitman, TX. 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, Forever Young Activity Center reported income of $57k and spending of $22k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $84k to $57k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forever Young Activity Center sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Washington Avenue Apartments Corp ($57k), Kiwanis Club of Naples-On-The-Gulf Florida Foundation Inc ($57k) and Elevate Hope House ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 23% of the total. At year end it held assets of $483k against liabilities of $0, net assets of $483k. It reported 13 employees.