Homeless Youth Connection Inc

Analysis

Homeless Youth Connection Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2011, 15 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 2024, Homeless Youth Connection Inc reported income of $2.9m and spending of $2.6m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $2.9m (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Homeless Youth Connection 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 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Yorkville Youth Athletic Association Inc ($2.9m), Nations of Coaches Inc ($2.9m) and Prounitas Inc ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $238k (9.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.9m against liabilities of $726k, net assets of $2.2m. It reported 36 employees.