Isla Vista Youth Project Inc

Analysis

Isla Vista Youth Project Inc is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Isla Vista Youth Project Inc reported income of $5.9m and spending of $4.7m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.0m to $5.9m (+94%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isla Vista Youth Project Inc sits at the 90th percentile: it is larger than about 90% 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 Yb Columbus Community School ($5.9m), Institute for Strategic Dialogue US ($5.9m) and Imagine Avondale Elementary Inc ($5.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $187k (4.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.0m against liabilities of $1.2m, net assets of $3.7m. It reported 81 employees.