Foundation for Youth Resiliency and Engagement

Analysis

Foundation for Youth Resiliency and Engagement is a registered charity in United States, based in Omak, WA. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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 June 2023, Foundation for Youth Resiliency and Engagement reported income of $1.1m and spending of $1.2m, spending 109% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $501k to $1.1m (+111%), an average of +45% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Youth Resiliency and Engagement sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Northeast Arkansas Regional AIDS Network ($1.1m), Rotary Club of Lakewood Ranch Inc ($1.1m) and St Simeon II Housing Development Fund Company Inc ($1.1m).

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 $150k (13% of expenses). Other salaries and wages came to $426k. At year end it held assets of $277k against liabilities of $19k, net assets of $258k. It reported 19 employees.