Youth Advocates of Sitka Inc Sitka Receiving Home

Analysis

Youth Advocates of Sitka Inc Sitka Receiving Home is a registered charity in United States, based in Sitka, AK. It received its IRS tax-exemption ruling in April 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Advocates of Sitka Inc Sitka Receiving Home reported income of $2.3m and spending of $2.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.3m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2020, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Advocates of Sitka Inc Sitka Receiving Home 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 87th percentile, and in the 86th percentile within AK. Charities of a similar size with the same main cause include Tri Lakes Cares ($2.3m), Covenant Healthshare Inc ($2.3m) and Susan B Anthony Project Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $1.8m against liabilities of $67k, net assets of $1.8m. It reported 43 employees.