Youthspark Inc

Analysis

Youthspark Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 2001, 25 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, Youthspark Inc reported income of $910k and spending of $807k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $552k to $910k (+65%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youthspark Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Faith Action Ministry Alliance ($910k), Help End Abuse for Life Inc ($911k) and Nancys Project ($910k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $116k (14% of expenses). Other salaries and wages came to $330k. At year end it held assets of $552k against liabilities of $26k, net assets of $525k. It reported 10 employees.