Theatre4youngpeopleorginc

Analysis

Theatre4youngpeopleorginc is a registered charity in United States, based in Riverton, NJ. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Theatre4youngpeopleorginc reported income of $85k and spending of $51k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $155k to $85k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Theatre4youngpeopleorginc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Center for Performance and Civic Practice ($85k), Sondance Studio ($85k) and Create Gwinnett Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.