Saginaw Youth Association Inc

Analysis

Saginaw Youth Association Inc is a registered charity in United States, based in Saginaw, TX. It received its IRS tax-exemption ruling in August 1993, 33 years ago. 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 December 2023, Saginaw Youth Association Inc reported income of $158k and spending of $174k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $158k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saginaw Youth Association Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Purdue University ($158k), Volunteers of America Inc ($158k) and Huntington Volunteer Fire Co No 1 ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 59% of the total. At year end it held assets of $69k against liabilities of $1, net assets of $69k.