Youth Network Council

Analysis

Youth Network Council is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Network Council reported income of $4.4m and spending of $4.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $4.4m (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Network Council 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 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Carrie Steele Pitts Home Inc ($4.4m), Sowing Seeds for Life ($4.4m) and Southside Unlimited ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $184k (4.4% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.7m against liabilities of $888k, net assets of $809k. It reported 44 employees.