Englewood Youth Foundation Inc

Analysis

Englewood Youth Foundation Inc is a registered charity in United States, based in Englewood, FL. It received its IRS tax-exemption ruling in August 1968, 58 years ago. 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, Englewood Youth Foundation Inc reported income of $80k and spending of $48k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $55k to $80k (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Englewood Youth Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Joe E Johnston Foundation Fbo Reinhardt College ($80k), Statesman Association Inc ($80k) and Young Peoples Performing Arts Theatre Inc ($80k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $702k against liabilities of $10k, net assets of $692k.