Didtechnology Inc

Analysis

Didtechnology Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2016, 10 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, Didtechnology Inc reported income of $1.7m and spending of $4.0m, spending 231% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.7m (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income rose by 246%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Didtechnology Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Starbase Inc ($1.7m), Lower Merion Soccer Club ($1.7m) and Akoma Unity Center ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $234k (5.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $548k against liabilities of $192k, net assets of $356k. It reported 19 employees.