Freedom Loving Youth Inc

Analysis

Freedom Loving Youth Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in July 2019, 7 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 October 2023, Freedom Loving Youth Inc reported income of $307k and spending of $165k, leaving 46% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $199k to $307k (+54%), an average of +11% a year. The sharpest change came in the year to October 2023, when income rose by 136%. Over the whole period it spent 56% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Freedom Loving Youth Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Salt N Light Youth Ministry ($306k), Gilford Youth Center ($307k) and Vision Ministries Outreach Inc ($306k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $5,857. At year end it held assets of $553k against liabilities of $0, net assets of $553k.