Youth & Family Services Inc

Analysis

Youth & Family Services Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in March 1966, 60 years ago. 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 2023, Youth & Family Services Inc reported income of $14.7m and spending of $14.3m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $14.8m to $14.7m (-0.5%), an average of -0.2% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth & Family Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within SD. Charities of a similar size with the same main cause include Saint James School ($14.7m), Emergency Food Bank ($14.8m) and Instituto Familiar de LA Raza ($14.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $487k (3.4% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $18.2m against liabilities of $1.1m, net assets of $17.1m. It reported 236 employees.