Stay-Focused Inc

Analysis

Stay-Focused Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2003, 23 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, Stay-Focused Inc reported income of $388k and spending of $322k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $154k to $388k (+152%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Stay-Focused Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include The Holy Family of Sisters of the Needy ($388k), The Children Are Our Future ($388k) and Hawk Institute ($388k).

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 $64k (20% of expenses). Other salaries and wages came to $29k. At year end it held assets of $307k against liabilities of $5,171, net assets of $302k. It reported 2 employees.