Magic Valley Youth Services Inc

Analysis

Magic Valley Youth Services Inc is a registered charity in United States, based in Twin Falls, ID. It received its IRS tax-exemption ruling in November 1988, 38 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Magic Valley Youth Services Inc reported income of $176k and spending of $201k, spending 114% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $277k to $176k (-36%), an average of -20% a year. The sharpest change came in the year to June 2022, when income dropped by 26%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Magic Valley Youth Services Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within ID. Charities of a similar size with the same main cause include Northern Lights Building Company ($176k), Grand Central District Association ($176k) and 24hourdallas ($176k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $60k against liabilities of $16k, net assets of $43k. It reported 10 employees.