Youth 1st Community Initiative

Analysis

Youth 1st Community Initiative is a registered charity in United States, based in Owatonna, MN. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 1st Community Initiative reported income of $65k and spending of $72k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $65k (-15%), an average of -14% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Youth 1st Community Initiative sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Waseca Basketball Association Inc ($65k), Marina Soccer Association ($65k) and Grosse Pointe Baseball Organization Inc ($65k).

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 $10k against liabilities of $1,840, net assets of $8,214.