Future Youth Records Incorporated

Analysis

Future Youth Records Incorporated is a registered charity in United States, based in Granite Bay, CA. It received its IRS tax-exemption ruling in May 2014, 12 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, Future Youth Records Incorporated reported income of $163k and spending of $147k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $209k to $163k (-22%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future Youth Records Incorporated sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Run the Race Club ($163k), Love & Love Tennis Foundation Inc ($163k) and The United Mentoring Academy Inc ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.