Encourage Kids Foundation

Analysis

Encourage Kids Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 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 (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, Encourage Kids Foundation reported income of $1.5m and spending of $1.4m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.5m (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Encourage Kids Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Wafa House Inc ($1.5m), Turlock Gospel Mission ($1.5m) and Kyjo Enterprises Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $199k (15% of expenses). Other salaries and wages came to $332k. At year end it held assets of $2.6m against liabilities of $59k, net assets of $2.5m. It reported 5 employees.