Fred Finch Youth Center Cares Inc

Analysis

Fred Finch Youth Center Cares Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 2017, 9 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 June 2023, Fred Finch Youth Center Cares Inc reported income of $1.8m and spending of $2.9m, spending 160% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.8m (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2021, when income rose by 97%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fred Finch Youth Center Cares Inc 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 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Youth Services of Bryan County Inc ($1.8m), All-Options ($1.8m) and Cherokee Family Violence Center Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $975k against liabilities of $2.4m, net assets of -$1.4m. It reported 100 employees.