Mr GS Kids

Analysis

Mr GS Kids is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mr GS Kids reported income of $91k and spending of $75k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $91k (-35%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mr GS Kids sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Lampasas Mission ($91k), Sassy Massey Smiles Foundation Inc ($91k) and Compassion Pregnancy Center ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.