Sequoia Youth & Family Services

Analysis

Sequoia Youth & Family Services is a registered charity in United States, based in Canoga Park, CA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Sequoia Youth & Family Services reported income of $293k and spending of $304k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $293k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 267%. Over the whole period it spent 117% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sequoia Youth & Family Services sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include West Grand Neighborhood Organization ($293k), Central Iowa Housing Trust Fund ($293k) and Parkersburg Joint Electrical Apprenticeship Training Committee ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,645 against liabilities of $181k, net assets of -$178k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.