Mission
Point Source Youth is a 501(c)(3) nonprofit organization dedicated to ending youth homelessness. They work alongside communities and partners to uplift the power of young people, especially those who are historically marginalized. Their youth-centered solutions include rapid re-housing, host homes, direct cash transfers, and family/kinship strengthening interventions. Through advocacy, thought leadership, and structural change, they aim to make youth homelessness rare, brief, and non-recurring.
Basic Information
Tax-Exempt
Founded in
2015
EIN
47-3748007
Total Assets
$6.047 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 5 goals
At a Glance
Rapid Re-Housing Program
Rapid re-housing provides youth with a lease in their own name in the housing of their choice. Youth receive a tailored rent subsidy for up to two years along with comprehensive case management, empowering them to transition from homelessness to stability.
Direct Cash Transfers
Through the Direct Cash Transfers program, Point Source Youth staff distribute cash to youth either remotely or safely in person. The cash distribution is tailored to each youth's needs and is supplemented with optional support programs, including higher education and career counseling.
Host Homes Initiative
Short-term host homes provide an affirming, safe space for youth to stay for 1-6 months with a well-screened and well-matched mentor within their community. This program offers a vital bridge for youth transitioning out of homelessness.
Impact Stats
90+
Community Partnerships
Expansion of Community Partnerships
In 2022, Point Source Youth expanded their reach to over 70 communities by partnering with over 90 community partners. This significant growth enables the organization to deliver their innovative solutions to a wider audience, helping more young people escape homelessness.
1
Impact Reports
Rapid Re-housing Impact Report
Point Source Youth conducted in-depth research and program evaluations, culminating in an impact report demonstrating the effectiveness of their Rapid Re-Housing interventions. The findings support the scaling of these affirming youth-centered solutions across the United States.
$5.8 million
Budget Growth
Significant Budget Increase
Since its inception, Point Source Youth's budget has grown from $80,740 in 2015 to $5.8 million in 2022. This increased funding has allowed the nonprofit to enhance their programs and expand their reach significantly.
Past Events
Southern Conference on Youth Homelessness
12/04/2023
The 2023 Southern Conference on Youth Homelessness convened leaders, policymakers, and advocates to share best practices, innovative solutions, and creative strategies in the fight against youth homelessness.
7th National Symposium
06/14/2023
PSY's 7th National Symposium brought together service providers, funders, policymakers, and youth to explore the latest strategies and share insights on ending youth homelessness through innovative, youth-centered interventions.
CARE Baltimore Initiative
03/01/2023
The CARE Baltimore Initiative was launched to support communities in Baltimore with comprehensive solutions and resources designed to prevent and end youth homelessness.
Impact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
67
70
/100
Program Expense Ratio
80.52%
14
/20
Program Revenue Growth
144.62%
20
/20
Leverage Ratio
0.005005
20
/20
Working Capital Ratio
1.823
14
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 5.358M | 90.89% |
| Program Services | 522.6K | 8.86% |
| Investment Income | 14.59K | 0.25% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 5.895M | 100.00% |
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