Young Americans Against Socialism

Analysis

Young Americans Against Socialism is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 2024, Young Americans Against Socialism reported income of $309k and spending of $302k, spending 98% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $328k to $309k (-5.8%), an average of -1.5% a year. The sharpest change came in the year to May 2022, when income rose by 44%. Over the whole period it spent 89% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Young Americans Against Socialism 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 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Academy of Court-Appointed Masters ($309k), Rhode Island for Community and Justice ($310k) and Child Advocacy Center of Marshall County Alabama Inc ($309k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (28% of expenses). Other salaries and wages came to $15k. At year end it held assets of $185k against liabilities of $0, net assets of $185k. It reported 1 employees.