Albany Youth Centers Ministries

Analysis

Albany Youth Centers Ministries is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Albany Youth Centers Ministries reported income of $78k and spending of $77k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $16k to $78k (+386%), an average of +386% a year. The sharpest change came in the year to December 2023, when income rose by 386%. Over the whole period it spent 109% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Albany Youth Centers Ministries sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Hubbard Youth Coalition Inc ($78k), Why Initiative Inc ($78k) and Turning Pro Foundation ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,427 against liabilities of $0, net assets of $3,427.