The Young Living Foundation

Analysis

The Young Living Foundation is a registered charity in United States, based in Lehi, UT. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, The Young Living Foundation reported income of $4.4m and spending of $5.1m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.9m to $4.4m (-45%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Young Living Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within UT. Charities of a similar size with the same main cause include New Hanover Regional Medical Center Foundation Inc ($4.4m), Seward Community Health Center ($4.4m) and Serenity Lane Health Services ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $80k (1.6% of expenses). Other salaries and wages came to $502k. At year end it held assets of $7.4m against liabilities of $56k, net assets of $7.3m.