Utopia Resource Center Greater Ny Inc

Analysis

Utopia Resource Center Greater Ny Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in August 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 (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, Utopia Resource Center Greater Ny Inc reported income of $289k and spending of $80k, leaving 72% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 1824%. Over the whole period it spent 30% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Utopia Resource Center Greater Ny Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Urban Youth Legacy Foundation Inc ($288k), Oher Foundation Inc ($289k) and Stockton Youth Soccer Association ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $14k (18% of expenses). Other salaries and wages came to $27k. At year end it held assets of $224k against liabilities of $13k, net assets of $211k.