Xyayx the Movement Inc

Analysis

Xyayx the Movement Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Xyayx the Movement Inc reported income of $139k and spending of $139k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $155k to $139k (-10%), an average of -10% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Xyayx the Movement Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Friends of Fort Frederica National Monument Inc ($139k), Global Language Network ($139k) and Phelps Community Historical Society ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $95k (68% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.