Youthfront Inc

Analysis

Youthfront Inc is a registered charity in United States, based in Westwood, KS. It received its IRS tax-exemption ruling in August 1972, 54 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 August 2023, Youthfront Inc reported income of $4.4m and spending of $4.4m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.8m to $4.4m (+18%), an average of +4.2% a year. The sharpest change came in the year to August 2021, when income rose by 62%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youthfront Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KS. Charities of a similar size with the same main cause include Authors Guild FDN Inc ($4.4m), The University of Illinois Alumni Association ($4.4m) and Lagrange Academy Incorporated ($4.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 48% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $409k (9.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.7m against liabilities of $2.6m, net assets of $6.1m. It reported 184 employees.