17management Inc

Analysis

17management Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, 17management Inc reported income of $1.0m and spending of $949k, spending 92% of its income. Across the 3 years on record, from December 2022 to April 2024, income grew from $554k to $1.0m (+86%), an average of +37% a year. The sharpest change came in the year to April 2023, when income dropped by 101%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 17management Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include National Youth Leadership Council ($1.0m), Please Foundation ($1.0m) and Bryant Youth Association Inc ($1.0m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 87% and program service revenue 18% of the total. At year end it held assets of $177k against liabilities of $1,576, net assets of $175k.