Cedars Youth Services Inc

Analysis

Cedars Youth Services Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in November 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Cedars Youth Services Inc reported income of $16.5m and spending of $15.7m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $11.6m to $16.5m (+42%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cedars Youth Services Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NE. Charities of a similar size with the same main cause include The Narbha Institute ($16.5m), South Florida PBS Inc ($16.6m) and Florida West Coast Public Broadcasting Inc ($16.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $653k (4.2% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $5.0m against liabilities of $1.6m, net assets of $3.4m. It reported 271 employees.