Encircle Family and Youth Resource Center

Analysis

Encircle Family and Youth Resource Center is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Encircle Family and Youth Resource Center reported income of $2.9m and spending of $4.2m, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.9m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 508%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Encircle Family and Youth Resource Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within UT. Charities of a similar size with the same main cause include Re-Plate ($2.9m), Palau Community Action Agency ($2.9m) and Circles of Learning Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. Compensation of current officers, directors and key employees was $185k (4.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $10.4m against liabilities of $780k, net assets of $9.6m. It reported 81 employees.