Coosa Valley Youth Services Inc

Analysis

Coosa Valley Youth Services Inc is a registered charity in United States, based in Anniston, AL. It received its IRS tax-exemption ruling in June 1990, 36 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 September 2023, Coosa Valley Youth Services Inc reported income of $4.4m and spending of $5.2m, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.6m to $4.4m (+22%), an average of +5.1% a year. The sharpest change came in the year to September 2020, when income rose by 19%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coosa Valley Youth Services Inc 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 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Heartlight Ministries ($4.4m), University Settlement Inc ($4.4m) and Beyond Blessed Pantry ($4.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $100k (1.9% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $5.3m against liabilities of $4.8m, net assets of $513k. It reported 102 employees.