Catalyst Youth Network

Analysis

Catalyst Youth Network is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in October 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 December 2023, Catalyst Youth Network reported income of $97k and spending of $85k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $97k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catalyst Youth Network sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Rotary Club of Mechanicsville Foundation ($97k), Compassion Takes Action Inc ($97k) and Helping Is Simply Caring ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $41k against liabilities of $24k, net assets of $18k.