Sumter Youth Center Inc

Analysis

Sumter Youth Center Inc is a registered charity in United States, based in Bushnell, FL. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Sumter Youth Center Inc reported income of $632k and spending of $587k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $529k to $632k (+20%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sumter Youth Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Boys and Girls Club of Clinton County ($632k), North Pacific Fishing Vessels Owners Assoc ($632k) and Connected Camps ($632k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Other salaries and wages came to $348k. At year end it held assets of $674k against liabilities of $76k, net assets of $599k.