2164 Inc

Analysis

2164 Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2015, 11 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, 2164 Inc reported income of $2.1m and spending of $2.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.1m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 2164 Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Kiddie Hawk Air Academy ($2.1m), Teen Town Inc ($2.1m) and Gateway Mountain Center Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $586k (26% of expenses). Other salaries and wages came to $928k. At year end it held assets of $1.7m against liabilities of $372k, net assets of $1.3m. It reported 10 employees.