Youth Inc
Overview
Youth Inc is a nonprofit organization established with the mission to empower youth by partnering with nonprofits in New York City. Founded under the visionary leadership of individuals committed to community service, Youth Inc focuses on enhancing the infrastructure and capabilities of youth-serving organizations. Over the years, it has raised significant funds to support the development of sustainable and impactful programs. The organization is a notable player in the nonprofit sector of NY, engaging with numerous partner organizations to maximize the reach and efficacy of youth services.
Recent Developments
- February 2025: Youth Inc announced the appointment of Lauren McCort as Executive Director, marking a new phase of leadership aimed at enhancing its impact on youth services in New York.
- November 2024: The organization celebrated its 30th anniversary with a gala that raised $5 million to support its initiatives. During this event, Mike Arougheti was honored for his contributions to economic opportunities and philanthropy.
- March 2025: Hosted a conference focusing on advancing youth careers, bringing together various stakeholders from the youth services sector for discussions on economic mobility and equity.
- 2024: Continued collaboration with corporate partners like Canaccord Genuity, which donated $5 million to support Youth Inc's mission of empowering youth development organizations.
- 2024-2025: Expanded its Prosperity Collective partnership with RevJen Group, focusing on providing training and coaching to youth development nonprofits.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 1995 |
| Headquarters | New York, NY |
| Founders | Not publicly listed per data available |
| Revenue | Approximately funds of $110 million raised since inception |
| Key Investors | Various individual board members |
| Industry | Non-profit Organization |
| Number of Employees | 11-50 |
Early History
Youth Inc was founded to address the growing need for structured and sustainable support to youth-focused non-profits in New York City. Initially started as a response to the challenges faced by these organizations in securing long-term funding and implementing effective programs, it has grown by establishing a robust network of partnerships. The organization leveraged venture philanthropy models to guide its growth, resulting in over $110 million raised towards youth services. It focused on building capacity within organizations to ensure their longevity and effectiveness in serving the city’s youth.
Company Profile and Achievements
Youth Inc adopts a unique venture philanthropy model to empower its nonprofit partners. This model involves providing organizations with fundraising training, board development, and grants for growth and capacity-building initiatives. Some of its major achievements include:
- Establishing a Network of Growing Organizations: Over the years, Youth Inc has built a dynamic network of over 75 nonprofit partners.
- Innovation in Program Development: Implemented initiatives like the Rise Academy for Leaders of Color, aiming at leadership development among minority group leaders in nonprofit sectors.
- Capacity Building: Youth Inc's coaching programs, which follow a cohort-based model, have significantly improved the operational standards of youth nonprofits.
- Making a Social Impact: By enhancing the capacity of its partners, Youth Inc has indirectly influenced the lives of over 250,000 youths by providing access to high-quality programs and mentorship.
Current Operations and Market Position
Currently, Youth Inc plays a crucial role in transforming youth service nonprofits across NYC by being a flagship supporter and booster. By capitalizing on philanthropic networks, it provides crucial resources and strategic guidance. Through its impact evaluation and outcome-focused approach, Youth Inc maintains a competitive edge by demonstrating clear social returns on investments made by stakeholders. Continuous partnerships with corporations and investment in program innovation position Youth Inc as a leader in the nonprofit sector for youth development.
Conclusion
Youth Inc has demonstrated an unwavering commitment to the development of New York City's youth through its strategic partnerships and innovative approaches to capacity building among nonprofits. Its impact is evident in the success of its partner organizations and the lives improved through their services. As it moves forward, the organization is set to deepen its influence by fostering more collaborative initiatives and continuing to lead with integrity and efficacy in the nonprofit sector.