Youth Development Labs Inc

Analysis

Youth Development Labs Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, Youth Development Labs Inc reported income of $4.6m and spending of $4.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.6m (+72%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Youth Development Labs Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Junior Achievement of Wisconsin Inc ($4.6m), Junior Achievement of Northern Indiana ($4.6m) and Lighthouse International ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $190k (4.5% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.2m against liabilities of $569k, net assets of $637k. It reported 12 employees.