Youthvantage Alliance

Analysis

Youthvantage Alliance is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in July 1981, 45 years ago. 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, Youthvantage Alliance reported income of $5.1m and spending of $4.5m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2023, income grew from $2.6m to $5.1m (+96%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youthvantage Alliance sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include California Fire Foundation ($5.1m), Gretna Economic Development Association Limited ($5.1m) and Games for Change Inc ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $490k (11% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.2m against liabilities of $733k, net assets of $2.5m. It reported 99 employees.