Fred Finch Youth Center

Analysis

Fred Finch Youth Center is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 1971, 55 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fred Finch Youth Center reported income of $35.4m and spending of $38.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.4m to $35.4m (+5.9%), an average of +1.4% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fred Finch Youth Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Reliance Community Care Partners ($35.4m), Premier Community Healthcare Group Inc ($35.4m) and Depaul Community Services Inc ($35.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $516k (1.4% of expenses). Other salaries and wages came to $23.1m. At year end it held assets of $25.9m against liabilities of $24.6m, net assets of $1.2m. It reported 472 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.