United Methodist Youth Home Inc
Analysis
United Methodist Youth Home Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in July 1979, 47 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, United Methodist Youth Home Inc reported income of $3.8m and spending of $2.5m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.8m (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 69% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, United Methodist Youth Home Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Preble County Council on Aging Inc ($3.7m), Lifelink ($3.8m) and Second Start ($3.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 54% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $8.4m against liabilities of $95k, net assets of $8.3m. It reported 56 employees.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 54%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Preble County Council on Aging Inc | Eaton | $3.7m |
| Lifelink | Santa Fe | $3.8m |
| Second Start | Concord | $3.7m |
| Sunporch of Smith Center Inc | Smith Center | $3.8m |