Masmudei Talant Group Inc

Analysis

Masmudei Talant Group Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in May 2019, 7 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 October 2023, Masmudei Talant Group Inc reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 4 years on record, from October 2020 to October 2023, income grew from $867k to $1.2m (+41%), an average of +12% a year. The sharpest change came in the year to October 2023, when income rose by 35%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Masmudei Talant Group Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Backpack Buddies of Metro Atlanta Inc ($1.2m), Boys & Girls Clubs of the Golden Triangle ($1.2m) and Derrick Brooks Charities Inc ($1.2m).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $141k (13% of expenses). Other salaries and wages came to $161k. At year end it held assets of $721k against liabilities of $55k, net assets of $666k. It reported 15 employees.