Friends of Youth Services and Palm Beach County Inc

Analysis

Friends of Youth Services and Palm Beach County Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Friends of Youth Services and Palm Beach County Inc reported income of $4.3m and spending of $4.5m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.3m to $4.3m (-0.2%), an average of -0.1% a year. The sharpest change came in the year to September 2022, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends of Youth Services and Palm Beach County Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Sephardic Home for the Aged Foundation ($4.3m), Indian Family Health Clinic of Great Falls Inc ($4.3m) and Sharecare Foundation Inc ($4.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $609k against liabilities of $32k, net assets of $577k.