Youth Services Inc

Analysis

Youth Services Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Youth Services Inc reported income of $119k and spending of $635k, spending 533% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $119k (-94%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 152% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Services Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Pride Center of Terre Haute Inc ($119k), Olive Branch ($119k) and Itoo Society Charitable Support Trust ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $12.8m, net assets of -$12.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.