Homeless Youth Alliance Inc

Analysis

Homeless Youth Alliance Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Homeless Youth Alliance Inc reported income of $602k and spending of $637k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $1.7m to $602k (-65%), an average of -23% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Homeless Youth Alliance Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Club of Ukiah ($601k), Blue Heart Foundation Inc ($603k) and Olmsted Community Center ($601k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $42k (6.7% of expenses). Other salaries and wages came to $250k. At year end it held assets of $2.4m against liabilities of $156k, net assets of $2.3m.