3rd Eye Youth Empowerment Inc
Analysis
3rd Eye Youth Empowerment Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, 3rd Eye Youth Empowerment Inc reported income of $150k and spending of $121k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $157k to $150k (-4.5%), an average of -4.5% a year. Over the whole period it spent 72% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 3rd Eye Youth Empowerment Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Dickinson Roughrider Commission ($150k), Veterans Alley Mural Project Inc ($150k) and Tile Heritage Foundation ($150k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.3% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 7.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dickinson Roughrider Commission | Dickinson | $150k |
| Veterans Alley Mural Project Inc | San Francisco | $150k |
| Tile Heritage Foundation | Healdsburg | $150k |
| Amos Lemon Burkhart Foundation | Mohnton | $150k |