The Center for Children and Young Adults Inc

Analysis

The Center for Children and Young Adults Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in November 1981, 45 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 December 2023, The Center for Children and Young Adults Inc reported income of $2.4m and spending of $3.0m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.4m (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2022, when income rose by 150%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Center for Children and Young Adults Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Newstory Center Inc ($2.4m), Change Reaction ($2.4m) and Elko F I S H ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $382k (13% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $7.2m against liabilities of $57k, net assets of $7.1m. It reported 84 employees.