Care Youth Corporation

Analysis

Care Youth Corporation is a registered charity in United States, based in Minden, NV. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Care Youth Corporation reported income of $7.4m and spending of $8.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.3m to $7.4m (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Youth Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NV. Charities of a similar size with the same main cause include Quality Behavioral Health Inc ($7.4m), Northern California P E T Imaging Center ($7.4m) and Make-A-Wish Foundation of Colorado Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $74k (0.9% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $1.8m against liabilities of $3.6m, net assets of -$1.8m. It reported 97 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.