Eckerd Youth Alternatives Inc

Analysis

Eckerd Youth Alternatives Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eckerd Youth Alternatives Inc reported income of $164.2m and spending of $162.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $236.5m to $164.2m (-31%), an average of -8.7% a year. The sharpest change came in the year to June 2023, when income dropped by 47%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eckerd Youth Alternatives Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Child Development Associates Incorporated ($163.0m), Farmlink Project ($165.9m) and Community Teamwork Inc ($162.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $2.6m (1.6% of expenses). Other salaries and wages came to $74.8m. At year end it held assets of $94.5m against liabilities of $19.3m, net assets of $75.3m. It reported 3,375 employees.