Caribbean Youth Network Inc

Analysis

Caribbean Youth Network Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Caribbean Youth Network Inc reported income of $913k and spending of $1.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $787k to $913k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Caribbean Youth Network Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Passionlife Ministries ($913k), American Friends of Yeshivat Chochmat Shlomo ($914k) and SXMX Outreach Ministry Inc ($913k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $623k. At year end it held assets of $563k against liabilities of $0, net assets of $563k. It reported 8 employees.