Foundation for Youth Inc

Analysis

Foundation for Youth Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for Youth Inc reported income of $118k and spending of $812k, spending 689% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $158k to $118k (-25%), an average of -7.1% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 229% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Foundation for Youth Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Rockend Inc ($118k), Central City Development Corporation ($118k) and Hanford Youth Baseball ($118k).

At year end it held assets of $19.1m against liabilities of $17.2m, net assets of $1.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.