Chattanooga Youth Network

Analysis

Chattanooga Youth Network is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in August 1998, 28 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, Chattanooga Youth Network reported income of $445k and spending of $528k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $363k to $445k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Chattanooga Youth Network sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Sisters of the Skies Inc ($445k), Clark County Junior Livestock Association ($446k) and The Center for Urban Youth and Family Development ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $119k (23% of expenses). Other salaries and wages came to $226k. At year end it held assets of $70k against liabilities of $42k, net assets of $29k. It reported 8 employees.