Foundation for Youth Development Inc

Analysis

Foundation for Youth Development Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Foundation for Youth Development Inc reported income of $71k and spending of $47k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $71k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Youth Development Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Friends of the Alexandria Community Mental Health Center Inc ($71k), Nova Singers ($71k) and Pflag San Diego County ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 46% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.