Youth Life Foundation Of Richmond
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 210,056 | 257,545 | −47,489 | 4.2 | 59% |
| 2011 | 264,627 | 230,806 | 33,821 | 6.4 | 56% |
| 2012 | 221,430 | 233,138 | −11,708 | 7.1 | 57% |
| 2013 | 249,096 | 226,962 | 22,134 | 8.4 | 65% |
| 2014 | 278,643 | 287,679 | −9,036 | 6.3 | 63% |
| 2015 | 315,307 | 331,066 | −15,759 | 4.9 | 72% |
| 2016 | 445,509 | 397,395 | 48,114 | 5.5 | 71% |
| 2017 | 539,446 | 505,762 | 33,684 | 5.3 | 69% |
| 2018 | 312,924 | 359,481 | −46,557 | 5.9 | 66% |
| 2019 | 521,999 | 547,410 | −25,411 | 3.3 | 65% |
| 2020 | 508,954 | 507,245 | 1,709 | 3.6 | 64% |
| 2021 | 775,489 | 616,217 | 159,272 | 6.1 | 64% |
| 2022 | 600,438 | 593,718 | 6,720 | 6.5 | 5% |
| 2023 | 690,548 | 517,560 | 172,988 | 11.4 | 7% |
In its most recent public year (2023), this organization brought in $172,988 more than it spent. Its reserves stood at about 11.4 months of spending, up from 4.2 in 2010. Staff pay was 7% of spending. $12,085 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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