Youth Development Foundation of Port Aransas

Analysis

Youth Development Foundation of Port Aransas is a registered charity in United States, based in Port Aransas, TX. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Youth Development Foundation of Port Aransas reported income of $110k and spending of $102k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $110k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Development Foundation of Port Aransas sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Hospets Inc ($110k), Beaumont Family Shelter ($110k) and Family Food Ministry ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.