Omni Youth Services Inc

Analysis

Omni Youth Services Inc is a registered charity in United States, based in Buffalo Grove, IL. It received its IRS tax-exemption ruling in July 1973, 53 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, Omni Youth Services Inc reported income of $9.4m and spending of $9.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.4m to $9.4m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Omni Youth Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Harmony Health Medical Clinic and Family Resource Center ($9.4m), Neighbor to Family Inc ($9.4m) and Wesley Towers Inc ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $507k (5.3% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $6.1m against liabilities of $2.1m, net assets of $3.9m. It reported 107 employees.