Young Families Early Head Start Inc

Analysis

Young Families Early Head Start Inc is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Young Families Early Head Start Inc reported income of $956k and spending of $949k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $977k to $956k (-2.1%), an average of -0.4% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Young Families Early Head Start Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within MT. Charities of a similar size with the same main cause include Asheville Glass Art School ($956k), Center for Applied Research & Technology Inc ($957k) and Writeboston Inc ($956k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $106k (11% of expenses). Other salaries and wages came to $532k. At year end it held assets of $1.4m against liabilities of $81k, net assets of $1.3m. It reported 24 employees.