Suncoast Youth for Christ Inc

Analysis

Suncoast Youth for Christ Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in September 1954, 72 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Suncoast Youth for Christ Inc reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $996k to $1.1m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Suncoast Youth for Christ Inc 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 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Adult and Teen Challenge of Arkansas Inc ($1.1m), Delaware College Scholars Inc ($1.1m) and Scientific Adventures ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $134k (12% of expenses). Other salaries and wages came to $563k. At year end it held assets of $1.9m against liabilities of $223k, net assets of $1.6m. It reported 17 employees.