Overtown Youth Center Inc

Analysis

Overtown Youth Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2024, Overtown Youth Center Inc reported income of $10.5m and spending of $9.2m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.5m to $10.5m (+135%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 168%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Overtown Youth Center Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Boys and Girls Club of Paterson and Passaic Inc ($10.5m), United Boys and Girls Clubs of Greater Santa Barbara County ($10.5m) and Boys & Girls Club of Greenwich Inc ($10.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $29.1m against liabilities of $5.2m, net assets of $23.9m. It reported 246 employees.