Crown Heights Youth Collective Inc

Analysis

Crown Heights Youth Collective Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Crown Heights Youth Collective Inc reported income of $171k and spending of $181k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $192k to $171k (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2020, when income rose by 81%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crown Heights Youth Collective Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Christmas for Kids Inc ($171k), Leap to Shine ($171k) and Wheels & Keels Foundation Inc ($171k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (40% of expenses). Other salaries and wages came to $19k. At year end it held assets of $92k against liabilities of $21k, net assets of $72k. It reported 13 employees.