American Youth Hostels Inc

Analysis

American Youth Hostels Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in December 1979, 47 years ago. 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 March 2024, American Youth Hostels Inc reported income of $7.8m and spending of $6.1m, leaving 22% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $7.1m to $7.8m (+10%), an average of +2.5% a year. The sharpest change came in the year to March 2022, when income rose by 237%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Youth Hostels Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Public Archaeology Laboratory Inc ($7.8m), Tax Foundation ($7.8m) and Loveland-Symmes Fire Department Inc ($7.8m).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 94% of the total. At year end it held assets of $41.2m against liabilities of $21.9m, net assets of $19.3m.