Youth Fair Chance Inc
Analysis
Youth Fair Chance Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 1979, 47 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 December 2023, Youth Fair Chance Inc reported income of $1.5m and spending of $1.6m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+5.2%), an average of +1.3% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 108% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Fair Chance Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Work Connection Inc ($1.5m), South Central Lutheran Camp Association of Indiana Inc ($1.5m) and Habitat for Humanity International Inc ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $226k (14% of expenses). Other salaries and wages came to $290k. At year end it held assets of $775k against liabilities of $186k, net assets of $589k. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.2%
- Program services 93%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Work Connection Inc | Houma | $1.5m |
| South Central Lutheran Camp Association of Indiana Inc | Seymour | $1.5m |
| Habitat for Humanity International Inc | Berthoud | $1.5m |
| South Louisville Community Ministries Inc | Louisville | $1.5m |