Aspen Youth Center

Analysis

Aspen Youth Center is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in July 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Aspen Youth Center reported income of $545k and spending of $566k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $373k to $545k (+46%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Aspen Youth Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Open Hearts Foundation ($545k), Colorado Firecamp Inc ($545k) and Levittown Seaford Wantagh Athletic Association Inc ($545k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 78% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $99k (17% of expenses). Other salaries and wages came to $219k. At year end it held assets of $1.1m against liabilities of $22k, net assets of $1.1m. It reported 20 employees.