Financials

In 2020, individual board giving covered 100% of Youth INC’s overhead, with any additional funds from Board Members’ firms going directly to fund our programs. 

financial reports

Youth INC is a registered charitable organization with the State of New York’s Attorney General's Office. For further information, you may contact the New York Attorney General at 212-416-8686.

Joint Cost Activities

Youth INC’s unique venture philanthropy model uses events as vehicles to both fundraise as well as deliver programs that help our partners become sustainable, growing organizations. Our integrated approach requires allocating costs to both programs and fundraising, the details of which are found in our Form 990. As a result, in accordance with the Financial Accounting Standards Board (FASB) and the Internal Revenue Service (IRS), we allocate a portion of event costs to program services and to fundraising activities.  In accordance with Charity Navigator’s best practices guidance, we seek to highlight this and provide transparency into our all our joint cost events, the details of which are noted below.  If you have questions, please contact info@youthinc-usa.org.

Celebration
The Celebration Program, a year-long fundraising training program, provides grassroots nonprofits with the knowledge, skills, and tools to engage new supporters, raise more funds, and deliver more opportunities to youth.
RBC Race
For the Kids
RBC Race for the Kids is a family-friendly day of athletics and activities supported by title sponsor Royal Bank of Canada. The program includes 2-3 Youth INC nonprofits each year and provides an onramp to a thriving corporate partnership.  The Race also serves as a vehicle for individuals to raise funds for and become connected with 7 youth-serving nonprofit organizations. The event is comprised of a 4K run, RBC Challenge Cross fit-style competition, Kids Zone, Sports Zone, picnic and more. In addition to the programmatic portion of this event benefiting Youth INC nonprofit partners, Youth INC also raises dollars to support its own operations through the Race.
RBC Trade
For the Kids
RBC Trade for the Kids is a one-day charity event hosted by RBC Capital Markets benefitting Youth INC and a number other youth-serving charities. Youth INC brings young people from our nonprofit partners to a Mentor Day at RBC to expose them to career possibilities in financial services.  Youth INC presents our work with nonprofit partners to RBC employees and seeks to engage employees to get involved by serving on a nonprofit board.  Youth INC also hosts numerous volunteer days for RBC employees with a large number of Youth INC nonprofit partners. These efforts all directly help advance our mission to improve the lives of youth through our programs that bridge the business community with the social impact sector.
Trading
Week For Kids
Trading Week for Kids creates an opportunity to educate and engage a number of companies with Youth INC’s nonprofit partners. Each year, students visit Nasdaq and learn about the financial markets before ringing the Nasdaq Closing or Opening Bell.  The funds raised enable Youth INC to provide all its programs free of charge to the nonprofit sector.
State of the
Market Conference
Youth INC’s annual State of the Market Conference is one of our signature events that leverages financial luminaries, government leaders and philanthropists speaking on a wide variety of topics to create awareness among the business community about the needs of young people in NYC and how Youth INC helps the nonprofits that serve them.  In this captive audience, we seek to engage individuals and their companies further in our programs as Board members and corporate partners.
Celebration
The Celebration Program, a year-long fundraising training program, provides grassroots nonprofits with the knowledge, skills, and tools to engage new supporters, raise more funds, and deliver more opportunities to youth.
RBC Race for the Kids
RBC Race for the Kids is a family-friendly day of athletics and activities supported by title sponsor Royal Bank of Canada. The program includes 2-3 Youth INC nonprofits each year and provides an onramp to a thriving corporate partnership.  The Race also serves as a vehicle for individuals to raise funds for and become connected with 7 youth-serving nonprofit organizations. The event is comprised of a 4K run, RBC Challenge Cross fit-style competition, Kids Zone, Sports Zone, picnic and more. In addition to the programmatic portion of this event benefiting Youth INC nonprofit partners, Youth INC also raises dollars to support its own operations through the Race.
RBC Trade for the Kids
RBC Trade for the Kids is a one-day charity event hosted by RBC Capital Markets benefitting Youth INC and a number other youth-serving charities. Youth INC brings young people from our nonprofit partners to a Mentor Day at RBC to expose them to career possibilities in financial services.  Youth INC presents our work with nonprofit partners to RBC employees and seeks to engage employees to get involved by serving on a nonprofit board.  Youth INC also hosts numerous volunteer days for RBC employees with a large number of Youth INC nonprofit partners. These efforts all directly help advance our mission to improve the lives of youth through our programs that bridge the business community with the social impact sector.
Trading week for kids
Trading Week for Kids creates an opportunity to educate and engage a number of companies with Youth INC’s nonprofit partners. Each year, students visit Nasdaq and learn about the financial markets before ringing the Nasdaq Closing or Opening Bell.  The funds raised enable Youth INC to provide all its programs free of charge to the nonprofit sector.
State of the Market
Conference
Youth INC’s annual State of the Market Conference is one of our signature events that leverages financial luminaries, government leaders and philanthropists speaking on a wide variety of topics to create awareness among the business community about the needs of young people in NYC and how Youth INC helps the nonprofits that serve them.  In this captive audience, we seek to engage individuals and their companies further in our programs as Board members and corporate partners.

In 2020, individual board giving covered 100% of Youth INC’s overhead, with any additional funds from Board Members’ firms going directly to fund our programs. 

Youth INC prides itself on investing in the capacity of our 75+ nonprofit partners and building our internal capacity to hire and retain talent and scale our operations to raise more funds to impact more NYC youth. The Better Business Bureau (BBB) has stated that nonprofits should aim for 65% of their expenses to go toward programming. In 2020, Youth INC exceeded BBB's recommendations, with 74% of our expenses funding our programs. Youth INC also received a Platinum rating on GuideStar for our overhead ratio and overall financial transparency. Below are two studies on overhead and nonprofits that illustrate the need for more investments in capacity building: