Year One Inc

Analysis

Year One Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 1992, 34 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, Year One Inc reported income of $7.2m and spending of $7.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $7.2m (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Year One Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Alliance for Decision Education Inc ($7.1m), Big Brothers and Big Sisters of Greater Miami ($7.2m) and Boys & Girls Clubs of Greater Dallas Inc ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $321k (4.5% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $3.2m against liabilities of $440k, net assets of $2.7m. It reported 309 employees.