Carmel Youth Center Inc

Analysis

Carmel Youth Center Inc is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in June 1960, 66 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carmel Youth Center Inc reported income of $248k and spending of $300k, spending 121% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $256k to $248k (-3.3%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Carmel Youth Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Monroe Wolverines Football and Cheerleading a NJ Nonprofit Corpor ($248k), Lisbon Bronco Athletic Boosters ($248k) and Free Bikes 4 Kidz - Detroit ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $40k (13% of expenses). Other salaries and wages came to $102k. At year end it held assets of $484k against liabilities of $6,149, net assets of $478k. It reported 3 employees.