Cavett Kids Foundation

Analysis

Cavett Kids Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 2005, 21 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 2022, Cavett Kids Foundation reported income of $890k and spending of $621k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $378k to $890k (+136%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Cavett Kids Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OK. Charities of a similar size with the same main cause include Teach Access Inc ($890k), Lodi Boys and Girls Club Inc ($891k) and Heroes Camp Inc ($890k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $81k (13% of expenses). Other salaries and wages came to $89k. At year end it held assets of $1.0m against liabilities of $18k, net assets of $1.0m. It reported 5 employees.