Teen Parents Succeeding Inc

Analysis

Teen Parents Succeeding Inc is a registered charity in United States, based in Syracuse, IN. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Parents Succeeding Inc reported income of $57k and spending of $68k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $57k (-10%), an average of -10% a year. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Teen Parents Succeeding Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Randy Johnson Memorial Foundation ($57k), Friends of the Sterling Seniors Inc ($57k) and Viking Foundation ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 75% of the total. At year end it held assets of $108k against liabilities of $1,252, net assets of $106k.