Options for Youth-Duarte Inc

Analysis

Options for Youth-Duarte Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in September 2020, 6 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 June 2023, Options for Youth-Duarte Inc reported income of $51.4m and spending of $54.8m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $267 to $51.4m (+19247180%), an average of +1995% a year. The sharpest change came in the year to June 2020, when income rose by 5147723%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Options for Youth-Duarte Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Salish Kootenai College Inc ($51.4m), Philadelphia Performing Arts a String Theory Charter School ($51.4m) and Reisher Family Foundation ($51.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $20.9m. At year end it held assets of $39.1m against liabilities of $39.4m, net assets of -$299k. It reported 461 employees.