Team Walker Inc

Analysis

Team Walker Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in August 1999, 27 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, Team Walker Inc reported income of $1.3m and spending of $1.2m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $915k to $1.3m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income rose by 109%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Team Walker Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Cake4kids ($1.3m), Project Pneuma Inc ($1.3m) and Comal County Junior Livestock Show Association Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $87k (7.1% of expenses). Other salaries and wages came to $536k. At year end it held assets of $4.0m against liabilities of $2.1m, net assets of $1.9m. It reported 45 employees.