T E a M Elam Inc

Analysis

T E a M Elam Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in April 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 2022, T E a M Elam Inc reported income of $167k and spending of $132k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $61k to $167k (+175%), an average of +175% a year. The sharpest change came in the year to December 2022, when income rose by 175%. 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, T E a M Elam Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Focus for a Future Inc ($167k), Cryout Teen Organization ($167k) and Howard Pulleys Pro-Am Basketball League Inc ($167k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.