Youth Services Network Inc

Analysis

Youth Services Network Inc is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in August 1984, 42 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 Services Network Inc reported income of $7.0m and spending of $6.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $7.0m (+62%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 40%. 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 Services Network Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Green Country Village Inc ($7.0m), Connected DMV ($7.0m) and Link Inc ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $325k (4.8% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $3.3m against liabilities of $456k, net assets of $2.8m. It reported 155 employees.