Young Community Developers
Analysis
Young Community Developers is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1977, 49 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Young Community Developers reported income of $22.4m and spending of $22.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to December 2023, income grew from $8.7m to $22.4m (+156%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 97% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Community Developers sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Manhattan Youth Recreation and Resources Inc ($21.6m), YMCA of San Diego Jrfy Inc ($22.6m) and Boys and Girls Clubs of Dorchester Inc ($21.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $1.4m (6.4% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $9.7m against liabilities of $5.5m, net assets of $4.2m. It reported 389 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 1.2%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Manhattan Youth Recreation and Resources Inc | New York | $21.6m |
| YMCA of San Diego Jrfy Inc | San Diego | $22.6m |
| Boys and Girls Clubs of Dorchester Inc | Dorchester | $21.4m |
| Casa de Los Ninos | Tucson | $22.9m |