500 Men Making a Difference Inc

Analysis

500 Men Making a Difference Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2012, 14 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, 500 Men Making a Difference Inc reported income of $189k and spending of $183k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $189k (+244%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 213%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 500 Men Making a Difference Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Youthfirst ($189k), Bristols Promise Youth Networkingalliance ($189k) and Chicago Baseball and Educational Academy ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $50k. At year end it held assets of $9,000 against liabilities of $0, net assets of $9,000.