National Foster Youth Institute

Analysis

National Foster Youth Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 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 June 2023, National Foster Youth Institute reported income of $1.0m and spending of $1.6m, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.0m (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2022, when income rose by 156%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, National Foster Youth Institute sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 55th percentile within DC. Charities of a similar size with the same main cause include Boy Scouts of America ($1.0m), Shania Twain Foundation Inc ($1.0m) and Center for Black Innovation Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $121k (7.8% of expenses). Other salaries and wages came to $672k. At year end it held assets of $2.3m against liabilities of $134k, net assets of $2.2m. It reported 20 employees.