Bridgeport Caribe Youth League Inc

Analysis

Bridgeport Caribe Youth League Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in April 2004, 22 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, Bridgeport Caribe Youth League Inc reported income of $1.9m and spending of $1.7m, spending 90% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $574k to $1.9m (+226%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bridgeport Caribe Youth League Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within CT. Charities of a similar size with the same main cause include Cherokee Youth Center Boys & Girls Club Inc ($1.9m), Friends of the Children-Central Oregon ($1.9m) and Youthplaces ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $126k (7.5% of expenses). Other salaries and wages came to $463k. At year end it held assets of $1.7m against liabilities of $84k, net assets of $1.7m. It reported 30 employees.