Youngmoms

Analysis

Youngmoms is a registered charity in United States, based in Kennett SQ, PA. It received its IRS tax-exemption ruling in December 2015, 11 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 December 2023, Youngmoms reported income of $503k and spending of $467k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $503k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youngmoms sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Lunches of Love ($503k), Shoulder to Shoulder Inc ($503k) and Society of St Vincent de Paul District Council of Mobile Alabama ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $308k. At year end it held assets of $627k against liabilities of $32k, net assets of $595k. It reported 9 employees.