Nyleap Inc

Analysis

Nyleap Inc is a registered charity in United States, based in Owego, NY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 August 2023, Nyleap Inc reported income of $185k and spending of $163k, spending 88% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $53k to $185k (+248%), an average of +248% a year. The sharpest change came in the year to August 2023, when income rose by 248%. Over the whole period it spent 80% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Nyleap Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Crime Stoppers of Cuyahoga County Inc ($184k), Edify Teens Ministries ($185k) and Jonah Project ($184k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.