Do Something Inc

Analysis

Do Something Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Do Something Inc reported income of $2.3m and spending of $6.8m, spending 292% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.7m to $2.3m (-83%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 120% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Do Something Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include The Culture Project International ($2.3m), Propel Inc ($2.3m) and Saving Our Next Generation ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $437k (6.4% of expenses). Other salaries and wages came to $2.5m. It paid $40k in professional fundraising fees. At year end it held assets of $10.2m against liabilities of $1.9m, net assets of $8.3m. It reported 49 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.