Gifford Youth Achievement Center Inc

Analysis

Gifford Youth Achievement Center Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in October 2002, 24 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 2022, Gifford Youth Achievement Center Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.8m to $2.3m (-20%), an average of -7.1% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gifford Youth Achievement Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Classical Tahoe ($2.3m), Community Resource Network ($2.3m) and Appetite for Change Inc ($2.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $194k (8.6% of expenses). At year end it held assets of $7.1m against liabilities of $106k, net assets of $7.0m.