Hangar Youth and Community Center

Analysis

Hangar Youth and Community Center is a registered charity in United States, based in Byron Center, MI. It received its IRS tax-exemption ruling in September 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 (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, Hangar Youth and Community Center reported income of $134k and spending of $126k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $441k to $134k (-70%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 32% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hangar Youth and Community Center sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include York County All on Board ($134k), National Charity League San Dieguito Chapter ($134k) and The Urban Warehouse ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $21k (17% of expenses). Other salaries and wages came to $29k. At year end it held assets of $506k against liabilities of $4,325, net assets of $502k. It reported 2 employees.