Youth Stars Inc

Analysis

Youth Stars Inc is a registered charity in United States, based in Forest Hills, NY. It received its IRS tax-exemption ruling in February 2017, 9 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 June 2024, Youth Stars Inc reported income of $63k and spending of $64k, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2024, income fell from $127k to $63k (-51%), an average of -51% a year. The sharpest change came in the year to June 2024, when income dropped by 51%. Over the whole period it spent 62% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Stars Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Village Improvement Society of Gilbertsville N Y ($63k), Edmonds Tennis & Education Foundation ($63k) and Camps for Spiffy-Kyds Inc ($63k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3,458. At year end it held assets of $2,064 against liabilities of $50k, net assets of -$48k.