Foundation for Recovering Youth Inc

Analysis

Foundation for Recovering Youth Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Foundation for Recovering Youth Inc reported income of $2.7m and spending of $2.6m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.5m to $2.7m (+9.5%), an average of +2.3% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Recovering Youth 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 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Mainspring Schools ($2.7m), San Francisco Schoolhouse ($2.7m) and Movement Generation ($2.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $170k (6.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.8m against liabilities of $899k, net assets of $1.9m. It reported 36 employees.