Avenues for Youth

Analysis

Avenues for Youth is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1995, 31 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 June 2023, Avenues for Youth reported income of $3.5m and spending of $3.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.8m to $3.5m (-9.4%), an average of -2.4% a year. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Avenues for Youth sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Alliance for Community Empowerment ($3.5m), Partnership for a Healthier America Inc ($3.5m) and Boys & Girls Club of Lynn ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $147k (4.5% of expenses). Other salaries and wages came to $1.8m. It paid $44k in professional fundraising fees. At year end it held assets of $3.9m against liabilities of $276k, net assets of $3.6m. It reported 65 employees.