Youth Speaks Inc

Analysis

Youth Speaks Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2001, 25 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 (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, Youth Speaks Inc reported income of $5.1m and spending of $2.9m, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $5.1m (+57%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 285%. Over the whole period it spent 69% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Speaks Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Latino Film Institute Youth Cinema Project ($5.1m), Girl Scouts of Eastern Washington & Northern Idaho ($5.1m) and Quest Programs Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $172k (5.8% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $9.4m against liabilities of $902k, net assets of $8.5m. It reported 23 employees.