All Star Childrens Foundation Inc

Analysis

All Star Childrens Foundation Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, All Star Childrens Foundation Inc reported income of $1.5m and spending of $2.0m, spending 129% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income fell from $2.2m to $1.5m (-31%), an average of -7.1% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, All Star Childrens Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include United Way for Jackson George Greene Counties Mississppi Inc ($1.5m), United Way of Southern Cameron County ($1.5m) and Southern Alabama Ahec ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $238k (12% of expenses). Other salaries and wages came to $682k. It paid $31k in professional fundraising fees. At year end it held assets of $10.9m against liabilities of $3.0m, net assets of $7.9m. It reported 29 employees.