Upstate Youth Development Foundation

Analysis

Upstate Youth Development Foundation is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Upstate Youth Development Foundation reported income of $552k and spending of $487k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $370k to $552k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Upstate Youth Development Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include West Hartford Youth Hockey Assoc ($552k), 24up Inc ($552k) and Joplin Sports Authority Inc ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $111k (23% of expenses). Other salaries and wages came to $166k. At year end it held assets of $300k against liabilities of $554, net assets of $300k.