California Young World a California Corporation

Analysis

California Young World a California Corporation is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, California Young World a California Corporation reported income of $5.1m and spending of $4.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $5.1m (+50%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, California Young World a California Corporation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include L Arche Inc ($5.1m), Stateline Family Young Mens Christian Association Inc ($5.1m) and Bamberg County Disabilities & Special Needs Board-Fiscal Agent ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $175k (3.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $4.0m against liabilities of $2.9m, net assets of $1.0m. It reported 54 employees.