Youth Vision Solutions
Analysis
Youth Vision Solutions is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Youth Vision Solutions reported income of $7.6m and spending of $6.7m, spending 89% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $8.7m to $7.6m (-13%), an average of -4.4% a year. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Youth Vision Solutions sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Seven Generations Charter School Inc ($7.6m), University of Massachusetts Amherst Foundation Inc ($7.6m) and Camelback Education Inc ($7.6m).
On its Form 990 for the period ending June 2022, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $176k (2.6% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $6.2m against liabilities of $630k, net assets of $5.6m. It reported 118 employees.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Seven Generations Charter School Inc | Emmaus | $7.6m |
| University of Massachusetts Amherst Foundation Inc | Amherst | $7.6m |
| Camelback Education Inc | Glendale | $7.6m |
| Envision Science Academy | Wake Forest | $7.6m |