King Youth Foundation Inc

Analysis

King Youth Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, King Youth Foundation Inc reported income of $867k and spending of $912k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $491k to $867k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, King Youth Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Kid Spark Education ($867k), Town & Country Nursery School Inc ($867k) and Tipp City Enrichment Program Inc ($867k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $429k. At year end it held assets of $15k against liabilities of $6,636, net assets of $8,818. It reported 5 employees.