Youth and Shelter Services Inc

Analysis

Youth and Shelter Services Inc is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in December 1976, 50 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 June 2023, Youth and Shelter Services Inc reported income of $33.0m and spending of $21.2m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.6m to $33.0m (+77%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth and Shelter Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include Community Action Partnership of Madera County Inc ($33.0m), Community Food Share Inc ($33.0m) and A Second Chance Inc ($33.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $616k (2.9% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $33.0m against liabilities of $6.9m, net assets of $26.1m. It reported 494 employees.