Youth Collaborative Inc

Analysis

Youth Collaborative Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Youth Collaborative Inc reported income of $240k and spending of $244k, spending 102% of its income. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Collaborative Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Crazy Faith Street Ministry ($240k), Cornerstone Community Center Inc ($240k) and Associated Charities of Lenawee County ($240k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (22% of expenses). Other salaries and wages came to $102k. At year end it held assets of $75k against liabilities of $46k, net assets of $30k. It reported 6 employees.