Urban TXT Teens Exploring Technology

Analysis

Urban TXT Teens Exploring Technology is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 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, Urban TXT Teens Exploring Technology reported income of $907k and spending of $905k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $956k to $907k (-5.2%), an average of -1.7% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Urban TXT Teens Exploring Technology sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Club of Rush Co in Inc ($907k), Boys and Girls Club of Campbell County ($909k) and Harambee Christian Family Center ($906k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $113k (12% of expenses). Other salaries and wages came to $334k. At year end it held assets of $638k against liabilities of $30k, net assets of $608k. It reported 18 employees.