National Foundation for Youth Inc

Analysis

National Foundation for Youth Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, National Foundation for Youth Inc reported income of $1.7m and spending of $2.7m, spending 154% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.1m to $1.7m (-58%), an average of -16% a year. The sharpest change came in the year to June 2021, when income rose by 1244%. Over the whole period it spent 35% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Foundation for Youth Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Saylani Welfare Trust USA ($1.7m), Sylvania Community Services Center Inc ($1.7m) and Nobodys Perfect Inc ($1.7m).

Compensation of current officers, directors and key employees was $13k (0.5% of expenses). At year end it held assets of $86.7m against liabilities of $473k, net assets of $86.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.