Fortress Youth Development Center Inc

Analysis

Fortress Youth Development Center Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 2004, 22 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 July 2022, Fortress Youth Development Center Inc reported income of $1.0m and spending of $680k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2018 to July 2022, income grew from $751k to $1.0m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fortress Youth Development Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Big Brothers-Big Sisters of Lorain County ($1.0m), Martin Truex Jr Foundation Inc ($1.0m) and Girls Inc of Greater Los Angeles ($1.0m).

On its Form 990 for the period ending July 2022, revenue came from contributions and grants 95% and program service revenue 0.4% of the total. Other salaries and wages came to $421k. At year end it held assets of $2.0m against liabilities of $890k, net assets of $1.1m. It reported 59 employees.