Spark Youth NYC Inc

Analysis

Spark Youth NYC Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Spark Youth NYC Inc reported income of $1.9m and spending of $2.1m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $1.9m (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 94% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Spark Youth NYC Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Cuban American National Council Inc ($1.9m), Grip Training Institute ($1.9m) and The Phillips Black Project a Public Interest Non Profit Law Office ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. Compensation of current officers, directors and key employees was $210k (10% of expenses). Other salaries and wages came to $222k. At year end it held assets of $1.6m against liabilities of $116k, net assets of $1.4m. It reported 3 employees.