Youth Automotive Training Center of Broward Inc

Analysis

Youth Automotive Training Center of Broward Inc is a registered charity in United States, based in Deerfield BCH, FL. It received its IRS tax-exemption ruling in October 1984, 42 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Youth Automotive Training Center of Broward Inc reported income of $3.1m and spending of $2.1m, leaving 33% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income fell from $3.4m to $3.1m (-8.6%), an average of -3.0% a year. The sharpest change came in the year to March 2022, when income rose by 65%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Automotive Training Center of Broward Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Central Oregon Community College Foundation ($3.1m), Benson Area Medical Center Inc ($3.1m) and Nicol Home Inc ($3.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 44% of the total. Compensation of current officers, directors and key employees was $188k (9.0% of expenses). Other salaries and wages came to $616k. At year end it held assets of $50.7m against liabilities of $41k, net assets of $50.6m. It reported 11 employees.