National Network for Youth Inc

Analysis

National Network for Youth Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Network for Youth Inc reported income of $952k and spending of $1.2m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $952k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Network for Youth Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Padre Apartments Community ($952k), Perry County Multi-Puropse Senior Citizens Center ($952k) and Capitol Civic Centre Inc ($952k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $178k (15% of expenses). Other salaries and wages came to $451k. It paid $28k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $137k, net assets of $1.5m. It reported 8 employees.