Can We Talk Preschool Youth Lounge Inc

Analysis

Can We Talk Preschool Youth Lounge Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in February 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Can We Talk Preschool Youth Lounge Inc reported income of $133k and spending of $135k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $133k (-12%), an average of -12% a year. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Can We Talk Preschool Youth Lounge 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 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include New Heights Christian Community Services Inc ($133k), Central Mexico Youth Fund ($133k) and Future Endeavors Life Program ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $77k against liabilities of $25k, net assets of $52k.