Youth Opportunity Foundation Inc

Analysis

Youth Opportunity Foundation Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in November 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, Youth Opportunity Foundation Inc reported income of $56k and spending of $129k, spending 233% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $276k to $56k (-80%), an average of -80% a year. The sharpest change came in the year to December 2023, when income dropped by 80%. Over the whole period it spent 126% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Opportunity Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Centre Lacrosse ($56k), Twin Soup ($56k) and Port St Joe Youth Choir ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $100k (77% of expenses). At year end it held assets of $55k against liabilities of $509k, net assets of -$454k. It reported 1 employees.