Youth Center Inc

Analysis

Youth Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2021, 5 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 December 2023, Youth Center Inc reported income of $247k and spending of $249k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $312k to $247k (-21%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Student Mojo ($247k), Goldcoast Junior Golf Foundation Inc ($247k) and Miami Valley Leadership Foundation ($247k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19k against liabilities of $53k, net assets of -$33k.