Youth Horizons Inc

Analysis

Youth Horizons Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in September 1977, 49 years ago. 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, Youth Horizons Inc reported income of $3.6m and spending of $4.1m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.6m (+61%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Horizons Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Southeastern Illinois Agency on Aging Inc ($3.6m), Sae Government Technologies ($3.6m) and Saint Pauls School ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $116k (2.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $7.4m against liabilities of $512k, net assets of $6.9m. It reported 99 employees.