The Youth Science Institute
Analysis
The Youth Science Institute is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in July 1962, 64 years ago. 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 May 2023, The Youth Science Institute reported income of $714k and spending of $866k, spending 121% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $398k to $714k (+79%), an average of +16% a year. The sharpest change came in the year to May 2020, when income rose by 139%. Over the whole period it spent 117% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Youth Science Institute sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Brookings Ice Skating Association Inc ($714k), Lewisboro Library ($714k) and Irvington Counseling Center Inc ($714k).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $167k (19% of expenses). Other salaries and wages came to $293k. At year end it held assets of $1.4m against liabilities of $305k, net assets of $1.1m. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 49%
- Program services 51%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brookings Ice Skating Association Inc | Brookings | $714k |
| Lewisboro Library | South Salem | $714k |
| Irvington Counseling Center Inc | Irvington | $714k |
| Jane Austen Society of N America | New York | $715k |