Kalamazoo Youth Development Network

Analysis

Kalamazoo Youth Development Network is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in July 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 August 2023, Kalamazoo Youth Development Network reported income of $4.8m and spending of $2.3m, leaving 53% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $556k to $4.8m (+772%), an average of +72% a year. The sharpest change came in the year to August 2021, when income rose by 227%. Over the whole period it spent 66% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kalamazoo Youth Development Network sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MI. Charities of a similar size with the same main cause include Fishers Soccer Club Inc ($4.8m), Big Brothers Big Sisters of Long Island Donation Center Inc ($4.9m) and Boys & Girls Club of Tracy Inc ($4.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $488k. At year end it held assets of $3.4m against liabilities of $126k, net assets of $3.3m. It reported 9 employees.