Scholastic Talent Showcase Inc

Analysis

Scholastic Talent Showcase Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in April 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, Scholastic Talent Showcase Inc reported income of $192k and spending of $221k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $192k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Scholastic Talent Showcase Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Passport Atlanta Inc ($192k), Pico Youth & Family Center ($192k) and Meagans Academic Center Inc ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.