Brazilian and American Youth Cultural Exchange Incorporated

Analysis

Brazilian and American Youth Cultural Exchange Incorporated is a registered charity in United States, based in Old Lyme, CT. It received its IRS tax-exemption ruling in July 2006, 20 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, Brazilian and American Youth Cultural Exchange Incorporated reported income of $58k and spending of $65k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $58k to $58k (-1.4%), an average of -0.3% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Brazilian and American Youth Cultural Exchange Incorporated sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within CT. Charities of a similar size with the same main cause include Little League Baseball Inc ($58k), North Dakota Boys State Inc ($58k) and Pop Warner Little Scholars Inc ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. Other salaries and wages came to $24k. At year end it held assets of $396k against liabilities of $701, net assets of $396k. It reported 3 employees.