Tidewater Youth Services Foundation

Analysis

Tidewater Youth Services Foundation is a registered charity in United States, based in Portsmouth, VA. It received its IRS tax-exemption ruling in April 1992, 34 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, Tidewater Youth Services Foundation reported income of $303k and spending of $197k, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $168k to $303k (+80%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 89%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tidewater Youth Services Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Middle Creek High School Stampede Club ($303k), Ivy 1879 Foundation Inc ($303k) and Delaware Wrestling Alliance Inc ($303k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. It paid $5,269 in professional fundraising fees. At year end it held assets of $633k against liabilities of $57k, net assets of $577k.