Returns Inc

Analysis

Returns Inc is a registered charity in United States, based in Urbana, OH. It received its IRS tax-exemption ruling in August 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 2022, Returns Inc reported income of $325k and spending of $522k, spending 160% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $483k to $325k (-33%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 36%. Over the whole period it spent 116% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Returns Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Purcellville Teen Centerincorporated ($325k), Two Cranes Institute ($325k) and Youth Young Americans Here on Operation Inc ($325k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $74k (14% of expenses). Other salaries and wages came to $231k. At year end it held assets of $96k against liabilities of $859k, net assets of -$762k. It reported 9 employees.

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.