Prime Teams Inc

Analysis

Prime Teams Inc is a registered charity in United States, based in Fort Wayne, IN. 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, Prime Teams Inc reported income of $107k and spending of $104k, spending 97% of its income. Across the 2 years on record, from December 2020 to December 2023, income grew from $2,500 to $107k (+4176%), an average of +4176% a year. The sharpest change came in the year to December 2023, when income rose by 4176%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Prime Teams Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within IN. Charities of a similar size with the same main cause include Future for Lompoc Youth ($107k), Moorpark Soccer Club Inc ($107k) and Campbell Girls Fastpitch Softball ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 74% of the total. At year end it held assets of $25k against liabilities of $22k, net assets of $3,151.