Friends of Compton Yal Inc

Analysis

Friends of Compton Yal Inc is a registered charity in United States, based in West Hollywood, CA. It received its IRS tax-exemption ruling in February 2020, 6 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, Friends of Compton Yal Inc reported income of $130k and spending of $93k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $130k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of Compton Yal Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Teens Step Up Inc ($130k), Lincoln County Fair Jr Livestock Sale Association ($130k) and Missouri-Kansas Youth Rodeo Association Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.