Youth Homes

Analysis

Youth Homes is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in April 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Youth Homes reported income of $6.0m and spending of $6.4m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.3m to $6.0m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Homes 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 93rd percentile, and in the 94th percentile within MT. Charities of a similar size with the same main cause include Community Connections Inc ($6.0m), Bis-Man Transit Board ($6.0m) and Youth Homes Incorporated ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $215k (3.4% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $5.2m against liabilities of $411k, net assets of $4.8m. It reported 204 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.