Youth Design Center Inc

Analysis

Youth Design Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2022, Youth Design Center Inc reported income of $643k and spending of $1.1m, spending 170% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $447k to $643k (+44%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 173%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Youth Design Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Whitefish Thrift Haus Inc ($642k), Madison Ave-Crossroads Community Ministries Inc ($644k) and Dulles Area Transportation Association Inc ($642k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 66% and program service revenue 30% of the total. Other salaries and wages came to $641k. At year end it held assets of $1.6m against liabilities of $711k, net assets of $892k. It reported 9 employees.