Youthcast Media Group Inc

Analysis

Youthcast Media Group Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 May 2022, Youthcast Media Group Inc reported income of $472k and spending of $846k, spending 179% of what it took in. Across the 2 years on record, from May 2021 to May 2022, income fell from $759k to $472k (-38%), an average of -38% a year. The sharpest change came in the year to May 2022, when income dropped by 38%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Youthcast Media Group Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include New York Firefighters Burn Center Foundation ($472k), World Patients Alliance ($472k) and Spierings Cancer Foundation ($472k).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $140k (17% of expenses). Other salaries and wages came to $345k. At year end it held assets of $131k against liabilities of $2,874, net assets of $128k. It reported 11 employees.