FP Youthoutcry Foundation Inc

Analysis

FP Youthoutcry Foundation Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, FP Youthoutcry Foundation Inc reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $363k to $1.4m (+275%), an average of +94% a year. The sharpest change came in the year to December 2022, when income rose by 183%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, FP Youthoutcry Foundation 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 82nd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include The Connecticut Golf Foundation Inc ($1.4m), Boy Scouts of America ($1.4m) and Larimer County Partners Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $494k against liabilities of $802k, net assets of -$308k. It reported 47 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.