Speakhire

Analysis

Speakhire is a registered charity in United States, based in Floral Park, NY. It received its IRS tax-exemption ruling in June 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, Speakhire reported income of $398k and spending of $419k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $257k to $398k (+55%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Speakhire sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Girls on the Run Lehigh Valley ($398k), Jackson Co Agriculture Fair & 4h Exhibition Inc ($398k) and Lynn County Livestock Association Inc ($398k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $194k against liabilities of $0, net assets of $194k. It reported 1 employees.