Team New England Youth Academy Inc

Analysis

Team New England Youth Academy Inc is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in September 2021, 5 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, Team New England Youth Academy Inc reported income of $475k and spending of $440k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $140k to $475k (+239%), an average of +84% a year. The sharpest change came in the year to December 2022, when income rose by 154%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Team New England Youth Academy Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Friends of the Children - Phoenix ($475k), Philadelphia Area Project on Occupational Safety and Health ($475k) and Great and Small ($473k).

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 $78k (18% of expenses). Other salaries and wages came to $18k. At year end it held assets of $62k against liabilities of $0, net assets of $62k.