The Teen Center

Analysis

The Teen Center is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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 June 2023, The Teen Center reported income of $425k and spending of $466k, spending 109% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $267k to $425k (+59%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Teen Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NE. Charities of a similar size with the same main cause include Help Our Military Heroes Inc ($425k), Collegeville Fire Company No 1 ($425k) and Woodbury Interfaith Elderly Hous Ing Corporation ($425k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $77k (17% of expenses). Other salaries and wages came to $135k. At year end it held assets of $189k against liabilities of $56k, net assets of $133k. It reported 5 employees.