Young People in Recovery

Analysis

Young People in Recovery is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Young People in Recovery reported income of $2.7m and spending of $3.3m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.7m (-2.1%), an average of -0.5% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young People in Recovery sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Scopa Has a Dream Inc ($2.7m), New Foundations Inc ($2.7m) and Equality Pathways to Potential ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $126k (3.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.8m against liabilities of $555k, net assets of $4.2m. It reported 79 employees.