Youth Villages Foundation Inc

Analysis

Youth Villages Foundation Inc is a registered charity in United States, based in Bartlett, TN. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Youth Villages Foundation Inc reported income of $106.7m and spending of $42.1m, leaving 61% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.0m to $106.7m (+268%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 174%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Villages Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TN. Charities of a similar size with the same main cause include Goodwill Industries of North Central Wisc Inc ($106.4m), Retirement Housing Foundation ($106.9m) and Jewish Home ($105.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $546k (1.3% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $399.1m against liabilities of $103.6m, net assets of $295.5m. It reported 44 employees.