Young Life
Analysis
Young Life is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Young Life reported income of $491.8m and spending of $442.0m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $403.1m to $491.8m (+22%), an average of +5.1% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 94% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Life sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Child Care Resource Center Inc ($489.3m), Boy Scouts of America ($266.9m) and Fellowship of Christian Athletes ($220.3m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $2.7m (0.6% of expenses). Other salaries and wages came to $187.5m. It paid $77k in professional fundraising fees. At year end it held assets of $419.2m against liabilities of $42.1m, net assets of $377.1m. It reported 5,985 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Child Care Resource Center Inc | Chatsworth | $489.3m |
| Boy Scouts of America | Irving | $266.9m |
| Fellowship of Christian Athletes | Kansas City | $220.3m |