Salesian Family Youth Center

Analysis

Salesian Family Youth Center is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Salesian Family Youth Center reported income of $905k and spending of $1.2m, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $738k to $905k (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 120% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Salesian Family Youth Center sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Foundation for the Childrens Home of Cincinnati Inc ($905k), Central Pennsylvania Youth Ministries ($905k) and L I F E Skills Foundation ($905k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $43k (3.7% of expenses). Other salaries and wages came to $447k. At year end it held assets of $2.4m against liabilities of $90k, net assets of $2.3m. It reported 29 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.