Syta Youth Foundation Inc

Analysis

Syta Youth Foundation Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in December 2002, 24 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, Syta Youth Foundation Inc reported income of $320k and spending of $323k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $350k to $320k (-8.5%), an average of -2.2% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 124% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Syta Youth Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Birch Creek Service Ranch ($320k), Big Brothers Big Sisters Michigan Capital Region Inc ($320k) and Illinois Rangers Support Foundation ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.1% of the total. At year end it held assets of $939k against liabilities of $8,770, net assets of $930k.

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.