Residential Youth Services Inc

Analysis

Residential Youth Services Inc is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in November 1970, 56 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 June 2023, Residential Youth Services Inc reported income of $899k and spending of $785k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $846k to $899k (+6.3%), an average of +1.5% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Residential Youth Services Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include About Our Kids Inc ($899k), Bee County Junior Livestock and Homemaker Show Inc ($899k) and Love Inc of Muskegon County ($899k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 97% of the total. Other salaries and wages came to $260k. At year end it held assets of $250k against liabilities of $4,308, net assets of $246k.