Boyds Organization for Youth Development Services Inc

Analysis

Boyds Organization for Youth Development Services Inc is a registered charity in United States, based in Boyds, MD. It received its IRS tax-exemption ruling in December 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Boyds Organization for Youth Development Services Inc reported income of $281k and spending of $274k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $215k to $281k (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 282%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boyds Organization for Youth Development Services Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Reach Academy Learning Center ($280k), Career Development and Placement Strategies Inc ($281k) and Anderson Impact Center Inc ($280k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $58k (21% of expenses). Other salaries and wages came to $141k. At year end it held assets of $138k against liabilities of $737, net assets of $137k. It reported 11 employees.