Teen Hype

Analysis

Teen Hype is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 2009, 17 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, Teen Hype reported income of $2.1m and spending of $2.3m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.1m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Teen Hype sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Sa Youth ($2.1m), Boy Scouts of America ($2.1m) and Beat the Streets - Chicago ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $90k (3.9% of expenses). Other salaries and wages came to $731k. At year end it held assets of $1.2m against liabilities of $986k, net assets of $190k. It reported 33 employees.