Daybreak Youth Services

Analysis

Daybreak Youth Services is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in November 1979, 47 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Daybreak Youth Services reported income of $9.8m and spending of $10.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.0m to $9.8m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Daybreak Youth Services sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Eastern Panhandle Mental Health Center Inc ($9.8m), Mercy Health Foundation Inc ($9.8m) and Ronald McDonald House Arkansas & North Louisiana Inc ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $309k (3.1% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $9.4m against liabilities of $6.2m, net assets of $3.2m. It reported 210 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.