Community Youth Network Inc

Analysis

Community Youth Network Inc is a registered charity in United States, based in Grayslake, IL. It received its IRS tax-exemption ruling in November 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Community Youth Network Inc reported income of $3.7m and spending of $3.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $3.7m (+122%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Youth Network Inc sits at the 88th percentile: it is larger than about 88% 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 Word of Life International Inc ($3.7m), Nu-Hope Elder Care Services Inc ($3.7m) and Father Flanagans Boys Home ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $151k (4.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.7m against liabilities of $906k, net assets of $1.8m. It reported 59 employees.