New Destiny Youth Facility Inc

Analysis

New Destiny Youth Facility Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in October 2006, 20 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, New Destiny Youth Facility Inc reported income of $354k and spending of $453k, spending 128% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $514k to $354k (-31%), an average of -7.2% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Destiny Youth Facility Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Huntsville Assistance Program ($354k), Veggies to Table ($354k) and Purple Hearts Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $128k (28% of expenses). Other salaries and wages came to $112k. At year end it held assets of $409k against liabilities of $234k, net assets of $175k. It reported 4 employees.