Family and Youth Initiative Inc

Analysis

Family and Youth Initiative Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2011, 15 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 December 2023, Family and Youth Initiative Inc reported income of $308k and spending of $341k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $308k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Family and Youth Initiative Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 36th percentile within DC. Charities of a similar size with the same main cause include Growing Veterans ($308k), Agape Community Development Center ($308k) and Sealed with a Kid Inc ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $65k (19% of expenses). Other salaries and wages came to $119k. At year end it held assets of $194k against liabilities of $943, net assets of $193k. It reported 9 employees.