Taalem Community Center

Analysis

Taalem Community Center is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 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 December 2023, Taalem Community Center reported income of $69k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $69k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 0.0% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Taalem Community Center sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within WA. Charities of a similar size with the same main cause include Hub - Youth Central ($69k), Chosen Inspiration Association ($69k) and Greater Eastport Ecumenical Churches Association ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,381 against liabilities of $0, net assets of $5,381.