The Western Youth Network Inc

Analysis

The Western Youth Network Inc is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in February 1986, 40 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, The Western Youth Network Inc reported income of $4.2m and spending of $1.7m, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $4.2m (+304%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 82%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Western Youth Network Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include CBN Israel Inc ($4.2m), Opportunities for Inclusion Inc ($4.2m) and Mass211 Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $61k (3.5% of expenses). Other salaries and wages came to $963k. At year end it held assets of $5.4m against liabilities of $1.4m, net assets of $4.1m. It reported 54 employees.