Youth at Heart Inc

Analysis

Youth at Heart Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in December 2003, 23 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 December 2023, Youth at Heart Inc reported income of $1.6m and spending of $1.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $821k to $1.6m (+92%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth at Heart Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Ultra Care Inc ($1.6m), Habitat Omaha Affordable Mortgage Solutions Inc ($1.6m) and Blessings Assurance Community Services Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $85k (6.3% of expenses). Other salaries and wages came to $958k. At year end it held assets of $955k against liabilities of $51k, net assets of $904k. It reported 106 employees.