Farmington Youth Assistance Committee

Analysis

Farmington Youth Assistance Committee is a registered charity in United States, based in Farmington, MI. It received its IRS tax-exemption ruling in August 1977, 49 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 2024, Farmington Youth Assistance Committee reported income of $109k and spending of $87k, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $63k to $109k (+72%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Farmington Youth Assistance Committee 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 39th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Animal Advocates of Moore County Inc ($109k), Freedom U ($109k) and Life Leaders Inc ($109k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $17k. At year end it held assets of $177k against liabilities of $0, net assets of $177k. It reported 1 employees.