Into the Deep

Analysis

Into the Deep is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 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, Into the Deep reported income of $93k and spending of $87k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $93k (+1.4%), an average of +1.4% a year. Over the whole period it spent 111% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Into the Deep sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Cambridge Feeder Football Inc ($93k), Ibadan Grammar School Old Students Association N a ($93k) and Addsteam ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $13k against liabilities of $820, net assets of $12k.