Youth Reach Gulf Coast Inc

Analysis

Youth Reach Gulf Coast Inc is a registered charity in United States, based in Summerdale, AL. It received its IRS tax-exemption ruling in January 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, Youth Reach Gulf Coast Inc reported income of $915k and spending of $750k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $655k to $915k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Reach Gulf Coast Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within AL. Charities of a similar size with the same main cause include Upswing Foundation ($915k), Focus Point Education Academy ($916k) and Communities in Schools of Indiana Inc ($915k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $210k. At year end it held assets of $2.0m against liabilities of $273k, net assets of $1.7m. It reported 8 employees.