Chances and Services for Youth Inc

Analysis

Chances and Services for Youth Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in September 1978, 48 years ago. 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 September 2023, Chances and Services for Youth Inc reported income of $4.6m and spending of $4.6m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.1m to $4.6m (+11%), an average of +2.6% a year. The sharpest change came in the year to September 2021, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chances and Services for Youth Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Edison High School ($4.6m), Childrens Learning Centers of Amarillo Inc ($4.6m) and General Health System Foundation ($4.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $197k (4.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.6m against liabilities of $378k, net assets of $2.2m. It reported 43 employees.