Special Young Adults Inc

Analysis

Special Young Adults Inc is a registered charity in United States, based in Chickasha, OK. It received its IRS tax-exemption ruling in October 1987, 39 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 June 2023, Special Young Adults Inc reported income of $2.3m and spending of $2.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.3m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Special Young Adults Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include Happybottoms ($2.3m), St Patrick Senior Center Inc ($2.3m) and Home Sweet Home ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $2.2m against liabilities of $307k, net assets of $1.9m. It reported 82 employees.