Youth Mentors Association of the

Analysis

Youth Mentors Association of the is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in May 1954, 72 years ago. 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 2022, Youth Mentors Association of the reported income of $160k and spending of $204k, spending 128% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $164k to $160k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income dropped by 38%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Mentors Association of the sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within SC. Charities of a similar size with the same main cause include Kelly New Day Ministries ($160k), Rapids Area Soccer Inc ($160k) and Hilton Head Choral Society Inc ($160k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $50k (24% of expenses). Other salaries and wages came to $44k. At year end it held assets of $419k against liabilities of $11k, net assets of $408k. It reported 2 employees.