Friends of the Ithaca Youth Bureau

Analysis

Friends of the Ithaca Youth Bureau is a registered charity in United States, based in Ithaca, NY. 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 December 2023, Friends of the Ithaca Youth Bureau reported income of $91k and spending of $128k, spending 141% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $230k to $91k (-60%), an average of -26% a year. The sharpest change came in the year to December 2022, when income rose by 160%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of the Ithaca Youth Bureau sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Red Barn Association ($91k), Titans Baseball Club ($91k) and Big Walnut Lacrosse Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $365k against liabilities of $0, net assets of $365k.