Savannah Youth Development Foundation Inc

Analysis

Savannah Youth Development Foundation Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in December 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, Savannah Youth Development Foundation Inc reported income of $358k and spending of $222k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $221k to $358k (+62%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 65% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Savannah Youth Development Foundation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include Power of Perception Inc ($358k), Be Loud Sophie Foundation ($358k) and Surry County Friends of Youth Incorporated ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $62k (28% of expenses). Other salaries and wages came to $44k. It paid $17k in professional fundraising fees. At year end it held assets of $305k against liabilities of $8,379, net assets of $296k. It reported 9 employees.