Youth Towers Incorporated

Analysis

Youth Towers Incorporated is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Youth Towers Incorporated reported income of $250k and spending of $253k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $267k to $250k (-6.4%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Youth Towers Incorporated sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within AL. Charities of a similar size with the same main cause include San Joaquin Valley Housing Collaborative ($250k), Steamboat Trails Inc ($250k) and Station Hill Inc ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (24% of expenses). Other salaries and wages came to $26k. At year end it held assets of $67k against liabilities of -$2,243, net assets of $69k. It reported 2 employees.