Youth Life Center of the Arts Inc

Analysis

Youth Life Center of the Arts Inc is a registered charity in United States, based in Riverdale, GA. It received its IRS tax-exemption ruling in December 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Youth Life Center of the Arts Inc reported income of $529k and spending of $708k, spending 134% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $387k to $529k (+37%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 119% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Life Center of the Arts Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Victoria Fair Association Inc ($529k), Helping Hands Adult Day Care ($529k) and Creative Life Incorporated ($528k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 44% and program service revenue 55% of the total. Other salaries and wages came to $233k. At year end it held assets of $526k against liabilities of $820k, net assets of -$294k. It reported 19 employees.