The Weekend to Be Named Later Ltd

Analysis

The Weekend to Be Named Later Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Weekend to Be Named Later Ltd reported income of $269k and spending of $353k, spending 131% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $352k to $269k (-24%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Weekend to Be Named Later Ltd sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Urban Hope Inc ($269k), Pakistani American Youth Organization Inc ($269k) and Neshoba Central Band Parents ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $28k against liabilities of $20k, net assets of $7,729.