Future Stars Youth Services Inc

Analysis

Future Stars Youth Services Inc is a registered charity in United States, based in Calimesa, CA. It received its IRS tax-exemption ruling in December 2001, 25 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, Future Stars Youth Services Inc reported income of $1.1m and spending of $950k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $667k to $1.1m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Future Stars Youth Services Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include The Ark Domestic Violence Shelter Inc ($1.1m), Family Service League Inc ($1.1m) and Abc Counseling & Family Services Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $627k. At year end it held assets of $66k against liabilities of $45k, net assets of $22k. It reported 13 employees.