Youth Foundation of Jersey City Inc

Analysis

Youth Foundation of Jersey City Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in December 2013, 13 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 Foundation of Jersey City Inc reported income of $136k and spending of $146k, spending 107% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income grew from $74k to $136k (+84%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Foundation of Jersey City Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Louisiana 4-H Foundation ($136k), Center 360 ($136k) and Clear Lake Area Community Center Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $82k against liabilities of $15k, net assets of $67k.