The Foundation for Youth Firearms Safety Inc

Analysis

The Foundation for Youth Firearms Safety Inc is a registered charity in United States, based in Aberdeen, SD. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 2024, The Foundation for Youth Firearms Safety Inc reported income of $308k and spending of $324k, spending 105% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income grew from $129k to $308k (+138%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 801%. Over the whole period it spent 100% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, The Foundation for Youth Firearms Safety Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within SD. Charities of a similar size with the same main cause include Town of Carlton Fire Co 1 Inc ($308k), Prichard Volunteer Fire Dept ($308k) and Bonlee Fire Department Inc ($308k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $124k against liabilities of $50, net assets of $124k.