Takoma Park Lunch and Learn Incorporated

Analysis

Takoma Park Lunch and Learn Incorporated is a registered charity in United States, based in Takoma Park, MD. It received its IRS tax-exemption ruling in March 2020, 6 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, Takoma Park Lunch and Learn Incorporated reported income of $57k and spending of $99k, spending 172% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $57k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Takoma Park Lunch and Learn Incorporated sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within MD. Charities of a similar size with the same main cause include Triton Youth Soccer Association Inc ($57k), Viking Football Booster Club ($57k) and Boys and Girls Clubs of Palm Beach County Leverage Lender Inc ($57k).

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 $16k against liabilities of $25k, net assets of -$8,787.