Dynamic Youth Ministries
Analysis
Dynamic Youth Ministries is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in November 1950, 76 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending February 2023, Dynamic Youth Ministries reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 4 years on record, from February 2020 to February 2023, income fell from $3.9m to $2.8m (-29%), an average of -11% a year. The sharpest change came in the year to February 2021, when income dropped by 28%. Over the whole period it spent 101% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dynamic Youth Ministries 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 88th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Partnership for Successful Living Inc ($2.8m), Waterstep Inc ($2.8m) and Girls Club of Los Angeles ($2.8m).
On its Form 990 for the period ending February 2023, revenue came from contributions and grants 43% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $278k (10% of expenses). Other salaries and wages came to $912k. At year end it held assets of $1.8m against liabilities of $153k, net assets of $1.7m. It reported 31 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 41%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Partnership for Successful Living Inc | Voorhees | $2.8m |
| Waterstep Inc | Louisville | $2.8m |
| Girls Club of Los Angeles | Los Angeles | $2.8m |
| Big Brothers Big Sisters of Connecticut Inc | Hartford | $2.8m |