North Carolina · Nonprofit
Time Out Youth Inc
Time Out Youth Inc (North Carolina) receives grants from 49 organizations whose IRS filings report $4,647,573 to it, the largest being FOUNDATION FOR THE CAROLINAS ($2,213,130). 27 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $1.5M
- Funders on record
- 49
- Grants received
- $4.6M
- Net assets
- $2.7M
What Time Out Youth Inc does
Mission
To offer support, advocacy, and opportunities for personal development and social interaction to lesbian, gay, bisexual, transgender and questioning (lgbtq) youth ages 13-24.
As stated on its FY2024 Form 990.
Programs
Housing & Supportive Services: 215 youth accessed housing case management services, and the Center successfully housing 42 young people who were previously houseless. The Center's Life Essentials Closet was accessed 464 times, 257 meals were provided, and youth received over $21,000 in direct financial assistance.
$415,074 spent41% of program spendingYouth Programs served a total of 1.645 undulpilcated youth tyhrough drop-in space, virtual space, and youth facing events. Time Out Youth saw 390 new youth in 2023, and expanded its offerings to include more identity-specific programming. Nearly 1,900 educators and administrators received training on providing safe spaces for LGBTQ youth.
$402,518 spent40% of program spendingFree Therapy: 73 youth received 956 hours of free therapy. In addition, Clinical staff led mental health discussion virtually, and provided linage to crisis resources throughout the year.
$184,477 spent18% of program spending
The 3 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,002,069.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3.9M to $3.4M (−13%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1%. Grants only. Government contracts and fees sit inside program revenue.
106% of Time Out Youth Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (90% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Katie Keels
Chair
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 9 funders to 17 funders, grant income fell $1.7M → $546k.
12 of 49 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 65% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Time Out Youth Inc’s funders (the co-funder graph). Top 30 of 49 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Time Out Youth Inc leans on a few funders — its largest provides 48% of grant income and the top three 64%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
80% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Time Out Youth Inc.
Largest funder’s share by year: 2017 92% · 2018 46% · 2019 30% · 2020 18% · 2021 40% · 2022 20% · 2023 50% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
36% of Time Out Youth Inc's funders are still giving 3 years after their first grant; 55% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
65% of Time Out Youth Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.6M that is directly attributable, 77% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.0M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Time Out Youth Inc's revenue fell 44% between 2017 and 2024.
this organization peer median middle 50% of peers· 2,399 religion nonprofits $1M–$10M, FY2024
Organizations like Time Out Youth Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
70% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Toy Holdings LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for Time Out Youth Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Time Out Youth Inc?
- Time Out Youth Inc (North Carolina) receives grants from 49 organizations whose IRS filings report $4,647,573 to it, the largest being FOUNDATION FOR THE CAROLINAS ($2,213,130). 27 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Time Out Youth Inc have?
- IRS filings report 49 organizations giving $4,647,573 in grants to Time Out Youth Inc, 27 of which have funded it in more than one year.
- Who is the largest funder of Time Out Youth Inc?
- FOUNDATION FOR THE CAROLINAS is the largest funder on record, with $2,213,130 in grants. The full list of funders is on this page.
- How can an organization like Time Out Youth Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Time Out Youth →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 49 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing