Performing Groups for Youth

Analysis

Performing Groups for Youth is a registered charity in United States, based in El Dorado HLS, CA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Performing Groups for Youth reported income of $2.6m and spending of $2.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $959k to $2.6m (+173%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Performing Groups for Youth sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include City Mission of Findlay Ohio ($2.6m), Central Florida Speech and Hearing Center ($2.6m) and Yad Ezra Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $51k (2.2% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.0m against liabilities of $2.4m, net assets of $1.6m. It reported 44 employees.