Cafe Momentum

Analysis

Cafe Momentum is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2013, 13 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, Cafe Momentum reported income of $3.4m and spending of $3.9m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.5m to $3.4m (-3.1%), an average of -0.8% a year. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Cafe Momentum sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Boys & Girls Clubs of Annapolis & Anne Arundel County Inc ($3.4m), Ilitch Charities Inc ($3.4m) and Florida Elks Youth Camp Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $669k (17% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.4m against liabilities of $250k, net assets of $2.2m. It reported 99 employees.