Waterford Youth Assistance Cmtte

Analysis

Waterford Youth Assistance Cmtte is a registered charity in United States, based in Waterford, MI. It received its IRS tax-exemption ruling in November 2003, 23 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, Waterford Youth Assistance Cmtte reported income of $54k and spending of $28k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $26k to $54k (+111%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 99%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Waterford Youth Assistance Cmtte sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within MI. Charities of a similar size with the same main cause include Giving2grow Inc ($54k), Our Hands His Heart Inc ($54k) and Livermore Valley Craft Beer Foundation ($54k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $14k. At year end it held assets of $66k against liabilities of $0, net assets of $66k. It reported 2 employees.