Hope for Youth Inc

Analysis

Hope for Youth Inc is a registered charity in United States, based in Levittown, PA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Hope for Youth Inc reported income of $250k and spending of $223k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $202k to $250k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hope for Youth Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Velos Organization Inc ($250k), A Pocket Full of Hope Inc ($250k) and Young Entrepreneurs Academy Inc ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $147k. At year end it held assets of $65k against liabilities of $0, net assets of $65k. It reported 5 employees.