Housing Resources for Youth

Analysis

Housing Resources for Youth is a registered charity in United States, based in Topsham, ME. It received its IRS tax-exemption ruling in August 2019, 7 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 July 2024, Housing Resources for Youth reported income of $85k and spending of $144k, spending 170% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income grew from $28k to $85k (+205%), an average of +75% a year. The sharpest change came in the year to July 2023, when income rose by 183%. Over the whole period it spent 114% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Housing Resources for Youth sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 26th percentile within ME. Charities of a similar size with the same main cause include Southside Baseball Softball Assoc ($85k), Jump-In Enrichment LLC ($85k) and Union Campground Inc ($85k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,980 against liabilities of $0, net assets of $9,980.