Youthlink

Analysis

Youthlink is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 1979, 47 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 September 2023, Youthlink reported income of $4.8m and spending of $5.2m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $6.0m to $4.8m (-21%), an average of -5.8% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youthlink sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include United Jewish Council of the East Side Inc ($4.8m), Lifesong Inc ($4.8m) and Catholic Family Service Inc ($4.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $431k (8.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $6.8m against liabilities of $3.5m, net assets of $3.3m. It reported 69 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.