Overtown Children and Youth Coalition

Analysis

Overtown Children and Youth Coalition is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 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, Overtown Children and Youth Coalition reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $451k to $1.9m (+325%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Overtown Children and Youth Coalition 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 87th percentile within FL. Charities of a similar size with the same main cause include Free Flow Soccer Club ($1.9m), Reading Power Inc ($1.9m) and Boys & Girls Clubs of West Central Wisconsin Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $143k (7.4% of expenses). Other salaries and wages came to $255k. At year end it held assets of $637k against liabilities of $411k, net assets of $226k. It reported 6 employees.