X Count Inc

Analysis

X Count Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in August 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, X Count Inc reported income of $304k and spending of $338k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $364k to $304k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 118% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, X Count Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Outdoor Journeys Inc ($304k), Harundale Youth Sports League Inc ($304k) and Montana Ffa Association ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $93k. At year end it held assets of $269k against liabilities of $510k, net assets of -$242k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.