DMF Youth Inc

Analysis

DMF Youth Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, DMF Youth Inc reported income of $418k and spending of $403k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $243k to $418k (+72%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, DMF Youth Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Carillon Beach Institute Inc ($418k), North Ms Symphony Orchestra ($418k) and Bloom Arts Foundation Inc ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $69k (17% of expenses). Other salaries and wages came to $145k. At year end it held assets of $154k against liabilities of $13k, net assets of $141k. It reported 28 employees.