Hereford Youth Foundation of America
Analysis
Hereford Youth Foundation of America is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 1994, 32 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 August 2024, Hereford Youth Foundation of America reported income of $1.8m and spending of $1.5m, spending 84% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $689k to $1.8m (+160%), an average of +27% a year. The sharpest change came in the year to August 2023, when income rose by 100%. Over the whole period it spent 78% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hereford Youth Foundation of America sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Gateway Wellness Foundation ($1.8m), East Moline Citizens for a Community Center ($1.8m) and Jewish Family & Childrens Service of Long Beach-West Orange County ($1.8m).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 35% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $117k (7.7% of expenses). Other salaries and wages came to $57k. At year end it held assets of $7.3m against liabilities of $32k, net assets of $7.3m.
Income and spending
Where the income comes from
- Contributions & grants 35%
- Program services 50%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gateway Wellness Foundation | Marion | $1.8m |
| East Moline Citizens for a Community Center | East Moline | $1.8m |
| Jewish Family & Childrens Service of Long Beach-West Orange County | Long Beach | $1.8m |
| Community Outreach Inc | Corvallis | $1.8m |