Youth Unlimited Inc

Analysis

Youth Unlimited Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Youth Unlimited Inc reported income of $1.9m and spending of $1.6m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.9m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Youth Unlimited Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Black Employees Assn ($1.9m), Colorado Court Appointed Special Advocates Inc ($1.9m) and Lesbian Gay Bisexual & Transgender Comn Ctr of Greater Cleveland ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $101k (6.4% of expenses). Other salaries and wages came to $839k. At year end it held assets of $3.9m against liabilities of $50k, net assets of $3.9m. It reported 43 employees.