Coatesville Youth Initiative

Analysis

Coatesville Youth Initiative is a registered charity in United States, based in Coatesville, PA. 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 December 2023, Coatesville Youth Initiative reported income of $815k and spending of $862k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $638k to $815k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 103% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Coatesville Youth Initiative sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Hearty Roots Inc ($815k), Variety of Eastern Tennessee ($815k) and Valencia Express Inc ($814k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $125k (14% of expenses). At year end it held assets of $1.1m against liabilities of $84k, net assets of $967k. It reported 50 employees.