It Takes a Village Itav Inc

Analysis

It Takes a Village Itav Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in October 2017, 9 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, It Takes a Village Itav Inc reported income of $785k and spending of $804k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $932k to $785k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 113% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, It Takes a Village Itav Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KS. Charities of a similar size with the same main cause include Gsnetx STEM Center of Excellence ($785k), Champion Project Inc ($786k) and Association of C5 Youth Programs Inc ($784k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $98k (12% of expenses). Other salaries and wages came to $524k. At year end it held assets of $14k against liabilities of $539k, net assets of -$524k. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.