Bay Area Youth Services Inc

Analysis

Bay Area Youth Services Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in March 1983, 43 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 June 2023, Bay Area Youth Services Inc reported income of $12.7m and spending of $12.6m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.4m to $12.7m (+52%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bay Area Youth Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include The San Francisco School ($12.7m), Insight Incentive for Normal Social Interaction-Group Home Today Inc ($12.7m) and Chi Omega Foundation ($12.6m).

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 $350k (2.8% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $5.8m against liabilities of $1.9m, net assets of $4.0m. It reported 254 employees.