Youth Homes Incorporated

Analysis

Youth Homes Incorporated is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in December 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Youth Homes Incorporated reported income of $6.0m and spending of $6.6m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.6m to $6.0m (-21%), an average of -5.6% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Homes Incorporated sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Kentucky Harvest Inc ($6.0m), Community Connections Inc ($6.0m) and National Indigenous Womens Resource Center ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $341k (5.2% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $4.6m against liabilities of $2.0m, net assets of $2.6m. It reported 101 employees.