Young Fashion

Analysis

Young Fashion is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in November 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, Young Fashion reported income of $100k and spending of $94k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $100k (-7.4%), an average of -7.4% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Fashion sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 28th percentile within VT. Charities of a similar size with the same main cause include Worlwide Orphans in Need Inc ($100k), Soundstart ($100k) and Platte Canyon Community Partnership Resale Boutique ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $23k against liabilities of $5,220, net assets of $18k.