Youth Volunteer Corps of Hampton Roads Inc

Analysis

Youth Volunteer Corps of Hampton Roads Inc is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in January 2011, 15 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, Youth Volunteer Corps of Hampton Roads Inc reported income of $281k and spending of $280k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $143k to $281k (+97%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Volunteer Corps of Hampton Roads Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Hopestone Cancer Support Center of Bartlesville Inc ($281k), Nothing But the Truth Inc ($281k) and Treasure House ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $66k (24% of expenses). Other salaries and wages came to $106k. At year end it held assets of $130k against liabilities of $6,375, net assets of $124k. It reported 6 employees.