Game Devs of Color Inc

Analysis

Game Devs of Color Inc is a registered charity in United States, based in Brooklyn, NY. 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 December 2023, Game Devs of Color Inc reported income of $199k and spending of $289k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $610k to $199k (-67%), an average of -67% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. 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, Game Devs of Color Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Simply Girls Incorporated ($199k), Yoakum Project Show Inc ($199k) and Walter E Luckett Jr Foundation Inc ($199k).

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 $58k (20% of expenses). At year end it held assets of $91k against liabilities of $0, net assets of $91k.