Centers for Youth and Families Foundation

Analysis

Centers for Youth and Families Foundation is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Centers for Youth and Families Foundation reported income of $1.2m and spending of $1.6m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $614k to $1.2m (+95%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 72%. Over the whole period it spent 125% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Centers for Youth and Families Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within AR. Charities of a similar size with the same main cause include United Way of Waco-Mclennan County ($1.2m), Studentsfirst New York Institute ($1.2m) and Glens Falls Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 123% of the total. Compensation of current officers, directors and key employees was $130k (8.0% of expenses). Other salaries and wages came to $108k. It paid $37k in professional fundraising fees. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.