Dec My Room Inc

Analysis

Dec My Room Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2010, 16 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, Dec My Room Inc reported income of $651k and spending of $734k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $515k to $651k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dec My Room Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Solid Rock Youth Ministry Inc ($650k), International Neighborhood Collaborative ($651k) and Club Esteem Inc ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $51k (6.9% of expenses). At year end it held assets of $940k against liabilities of $0, net assets of $940k.