Surry County Friends of Youth Incorporated

Analysis

Surry County Friends of Youth Incorporated is a registered charity in United States, based in Mount Airy, NC. It received its IRS tax-exemption ruling in February 1977, 49 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 June 2022, Surry County Friends of Youth Incorporated reported income of $357k and spending of $349k, spending 98% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $344k to $357k (+4.0%), an average of +1.3% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Surry County Friends of Youth Incorporated sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Christys Safe Haven ($357k), Power of Perception Inc ($358k) and South New Kensington Volunteer Fire Department ($357k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (14% of expenses). Other salaries and wages came to $177k. At year end it held assets of $128k against liabilities of $11k, net assets of $117k.