Teen Up-Ward Bound Inc

Analysis

Teen Up-Ward Bound Inc is a registered charity in United States, based in Opa Locka, FL. It received its IRS tax-exemption ruling in September 2001, 25 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 2022, Teen Up-Ward Bound Inc reported income of $517k and spending of $558k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $458k to $517k (+13%), an average of +4.1% a year. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Teen Up-Ward Bound Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Sprog Inc ($517k), Twin Cities Fundraising Association ($519k) and Revival ($517k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $73k (13% of expenses). Other salaries and wages came to $211k. At year end it held assets of $243k against liabilities of $429k, net assets of -$186k. It reported 16 employees.