Vida Joven de Mexico

Analysis

Vida Joven de Mexico is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in January 1940, 86 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vida Joven de Mexico reported income of $1.7m and spending of $475k, leaving 73% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $485k to $1.7m (+258%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vida Joven de Mexico sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Govern for America Inc ($1.7m), Alternatives Incorporated of Madison County ($1.7m) and American Sexually Transmitted Disease Association ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $82k (17% of expenses). Other salaries and wages came to $27k. At year end it held assets of $2.9m against liabilities of $8,595, net assets of $2.9m. It reported 3 employees.