Young Adult Development in Action

Analysis

Young Adult Development in Action is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Young Adult Development in Action reported income of $4.5m and spending of $3.8m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $4.5m (+63%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Young Adult Development in Action sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include Francis E Parker Assisted Living Center Inc ($4.5m), Charleston Wine & Food Festival ($4.5m) and Meals on Wheels Etc Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $187k (4.9% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $5.2m against liabilities of $1.2m, net assets of $4.0m. It reported 103 employees.