Newark Youth Development Fund Inc

The Newark Youth Development Fund Inc is a nonprofit organization based in Newark, New Jersey. It received its tax-exempt status in August 2015 and is designated as a youth development organization under the National Taxonomy of Exempt Entities (NTEE) category[1].

Purpose and Activities

Although specific details about its activities are limited, organizations similar to the Newark Youth Development Fund often focus on providing support for youth through various programs aimed at education, community development, and personal growth. However, the Newark Youth Development Fund Inc does not appear in the IRS's most recent list of tax-exempt organizations, indicating potential updates or changes in status[1].

Financial Overview

Historical financial data indicates that the organization's primary source of revenue came from program services, with no contributions or other significant revenue streams reported. In recent years, the organization reported substantial assets but also significant liabilities, which suggests a complex financial landscape[1].

Donation Status

Donations to this organization are considered tax-deductible, reflecting its status as a charitable nonprofit entity[1].

This organization is not directly associated with the commonly known Boys & Girls Clubs of Newark, despite the link to the website bgcn.org, which might be an outdated reference or a separate entity's domain. More detailed information about its current programs and activities could not be determined based on the available data.