Young Homes Inc

Analysis

Young Homes Inc is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Young Homes Inc reported income of $812k and spending of $972k, spending 120% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $826k to $812k (-1.7%), an average of -0.6% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Young Homes Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within AR. Charities of a similar size with the same main cause include Dont Look Back Center Inc ($812k), The Parmenter Foundation Inc ($812k) and Medical Education Training and Development Inc ($812k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $354k. At year end it held assets of $322k against liabilities of $862k, net assets of -$539k.