Josephine Guzman Youth Center
Analysis
Josephine Guzman Youth Center is a registered charity in United States, based in Antioch, CA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Josephine Guzman Youth Center reported income of $359k and spending of $420k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $201k to $359k (+78%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 121% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Josephine Guzman Youth Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Swimstrongsville ($359k), PWC Hockey Club ($359k) and Finger Lakes Wrestling Club Inc ($359k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $65k (15% of expenses). Other salaries and wages came to $152k. At year end it held assets of $43k against liabilities of $215k, net assets of -$172k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 86%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Swimstrongsville | Strongsville | $359k |
| PWC Hockey Club | Litchfield PK | $359k |
| Finger Lakes Wrestling Club Inc | Ithaca | $359k |
| Festival of Light Inc | Chickasha | $359k |