Fairbanks Youth Advocates

Analysis

Fairbanks Youth Advocates is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in April 2011, 15 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, Fairbanks Youth Advocates reported income of $567k and spending of $917k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $779k to $567k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fairbanks Youth Advocates sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AK. Charities of a similar size with the same main cause include Izzo Legacy ($567k), Southern Prairie Family Fitness Center ($567k) and Iaaaa Education Institue Inc ($567k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $88k (9.6% of expenses). Other salaries and wages came to $497k. At year end it held assets of $1.9m against liabilities of $41k, net assets of $1.8m. It reported 23 employees.