Young Voices

Analysis

Young Voices is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in June 2006, 20 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 December 2023, Young Voices reported income of $709k and spending of $706k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $546k to $709k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Voices 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 75th percentile, and in the 71st percentile within RI. Charities of a similar size with the same main cause include The Trail Youth ($709k), TFK Chicago Voyagers ($711k) and Anchor Mentoring Inc ($709k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $102k (14% of expenses). Other salaries and wages came to $259k. At year end it held assets of $1.3m against liabilities of $118k, net assets of $1.2m. It reported 22 employees.