Strategies for Youth Inc

Analysis

Strategies for Youth Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in May 2010, 16 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 June 2023, Strategies for Youth Inc reported income of $617k and spending of $902k, spending 146% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $465k to $617k (+33%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Strategies for Youth Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include The Wisconsin Ffa Foundation Inc ($616k), Future Farmers of America and Its State Associations & Local Chapter ($617k) and Inneract Project Inc ($616k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 41% of the total. Other salaries and wages came to $559k. At year end it held assets of $438k against liabilities of $87k, net assets of $352k. It reported 13 employees.