Techie Youth Corp

Analysis

Techie Youth Corp is a registered charity in United States, based in Rego Park, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2021, Techie Youth Corp reported income of $271k and spending of $317k, spending 117% of what it took in. Across the 2 years on record, from December 2020 to December 2021, income fell from $403k to $271k (-33%), an average of -33% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Techie Youth Corp 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 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Pure in Heart Christian Academy & Performing Arts Center Inc ($271k), African Voices Communications Inc ($271k) and Foundation of the University of North Carolina at Wilmington Inc ($271k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (27% of expenses). Other salaries and wages came to $37k. At year end it held assets of $301k against liabilities of $24k, net assets of $277k. It reported 4 employees.