Cycle - Changing Young Childrens Lives Through Education

Analysis

Cycle - Changing Young Childrens Lives Through Education is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cycle - Changing Young Childrens Lives Through Education reported income of $729k and spending of $1.1m, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $594k to $729k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cycle - Changing Young Childrens Lives Through Education sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include United Recovery Fund ($728k), Living Alternatives Pregnancy Services ($729k) and Africa Family Rescue ($728k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $125k (11% of expenses). Other salaries and wages came to $38k. At year end it held assets of $375k against liabilities of $190, net assets of $375k. It reported 2 employees.