Laru Beya Collective Incorporated

Analysis

Laru Beya Collective Incorporated is a registered charity in United States, based in Far Rockaway, 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, Laru Beya Collective Incorporated reported income of $182k and spending of $162k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $182k (+151%), an average of +151% a year. The sharpest change came in the year to December 2023, when income rose by 151%. 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, Laru Beya Collective Incorporated sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Trust for the Benefit of Minsi Trails Council ($182k), Harlan Christian Youth Center Inc ($182k) and Farm League Play It Forward ($182k).

At year end it held assets of $79k against liabilities of $3,750, net assets of $76k.