Lanai Youth Center Inc

Analysis

Lanai Youth Center Inc is a registered charity in United States, based in Lanai City, HI. It received its IRS tax-exemption ruling in March 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 (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, Lanai Youth Center Inc reported income of $270k and spending of $289k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $257k to $270k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lanai Youth Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within HI. Charities of a similar size with the same main cause include Utah Development Academy ($270k), Nica Nadadores Inc ($270k) and Chesapeake 4-H Livestock Inc ($269k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (18% of expenses). Other salaries and wages came to $136k. At year end it held assets of $532k against liabilities of $18k, net assets of $514k. It reported 8 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.