Helping Advance and Nurture the Development of Youth Inc

Analysis

Helping Advance and Nurture the Development of Youth Inc is a registered charity in United States, based in Wilton Manor, FL. It received its IRS tax-exemption ruling in December 1985, 41 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, Helping Advance and Nurture the Development of Youth Inc reported income of $5.0m and spending of $4.9m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.7m to $5.0m (+36%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Advance and Nurture the Development of Youth Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Warren County Association for Retarded Citizens ($5.0m), Volare ($5.0m) and Coordinated Advice and Referral Program for Legal Services ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $439k (9.0% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.2m against liabilities of $2.9m, net assets of $2.2m. It reported 104 employees.