Shorthorn Youth Development Fund

Analysis

Shorthorn Youth Development Fund is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in October 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Shorthorn Youth Development Fund reported income of $271k and spending of $170k, leaving 37% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $193k to $271k (+41%), an average of +41% a year. The sharpest change came in the year to August 2024, when income rose by 41%. Over the whole period it spent 64% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Shorthorn Youth Development Fund sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include Hamakua Youth Foundation ($271k), Totally Positive Productions ($271k) and Boys and Girls Club of Bay County Foundation Inc ($271k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $330k against liabilities of $0, net assets of $330k.