Youth & Opportunity United Inc

Analysis

Youth & Opportunity United Inc is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in January 1973, 53 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 June 2023, Youth & Opportunity United Inc reported income of $3.7m and spending of $4.5m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.3m to $3.7m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth & Opportunity United Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Bread of Life Ministry Inc ($3.7m), Major League Baseball Players Alumni Association ($3.7m) and Pittsboro Volunteer Fire and Rescue Department Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $293k (6.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $11.6m against liabilities of $337k, net assets of $11.3m. It reported 105 employees.