Simon Youth Foundation Inc

Analysis

Simon Youth Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Simon Youth Foundation Inc reported income of $3.2m and spending of $2.8m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $3.2m (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Simon Youth Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Trinity School of Natural Health Inc ($3.2m), Piloted Schools Inc ($3.2m) and The Heights Charter ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $638k (23% of expenses). Other salaries and wages came to $275k. At year end it held assets of $14.2m against liabilities of $304k, net assets of $13.9m. It reported 8 employees.