Tucson Youth Development Inc

Analysis

Tucson Youth Development Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 1986, 40 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, Tucson Youth Development Inc reported income of $8.5m and spending of $6.7m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $8.5m (+41%), an average of +9.1% a year. The sharpest change came in the year to June 2023, when income rose by 32%. 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, Tucson Youth Development Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Warren-Washington-Issaquena-Sharkey Community Action Agency ($8.5m), The Dian Fossey Gorilla Fund International ($8.5m) and Lakes Region Visiting Nurse Association ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $93k (1.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $7.4m against liabilities of $451k, net assets of $6.9m. It reported 175 employees.