Vydunas Youth Fund Inc

Analysis

Vydunas Youth Fund Inc is a registered charity in United States, based in Lemont, IL. It received its IRS tax-exemption ruling in November 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vydunas Youth Fund Inc reported income of $364k and spending of $195k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $364k (-69%), an average of -25% a year. The sharpest change came in the year to December 2023, when income rose by 1598%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vydunas Youth Fund Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Womens Center of Greater Lansing ($364k), Wounded War Heroes of America ($364k) and Witham Memorial Hospital Foundation Inc ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 1.9% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.