Konscious Youth Development & Service

Analysis

Konscious Youth Development & Service is a registered charity in United States, based in Asbury Park, NJ. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Konscious Youth Development & Service reported income of $835k and spending of $380k, leaving 54% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $410k to $835k (+104%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 133%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Konscious Youth Development & Service sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Feed the Hungry San Miguel Inc ($835k), Morrow County Agricultural Society Inc ($835k) and Lewes Senior Citizens Center Inc ($835k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $129k (34% of expenses). Other salaries and wages came to $6,025. At year end it held assets of $642k against liabilities of $0, net assets of $642k. It reported 3 employees.