Larkin Street Youth Services

Analysis

Larkin Street Youth Services is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Larkin Street Youth Services reported income of $31.0m and spending of $34.1m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.0m to $31.0m (+0.2%), an average of +0.0% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Larkin Street Youth Services sits at the 98th percentile: it is larger than about 98% 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 Arizona Autism United Inc ($31.0m), United Church of Christ Retirement Community Inc ($31.1m) and Elmcrest Childrens Center Inc ($31.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $677k (2.0% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $40.2m against liabilities of $19.8m, net assets of $20.4m. It reported 376 employees.