Youth As Resources Inc

Analysis

Youth As Resources Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 2011, 15 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 June 2023, Youth As Resources Inc reported income of $363k and spending of $373k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $232k to $363k (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 137%. Over the whole period it spent 59% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth As Resources Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Gig Harbor Canoe Kayak Racing Team ($363k), Tecolote Youth Baseball ($363k) and Bi-County Service Inc ($363k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $202k (54% of expenses). At year end it held assets of $1.2m against liabilities of $14k, net assets of $1.1m. It reported 2 employees.