Kids Beach Club

Analysis

Kids Beach Club is a registered charity in United States, based in Bedford, TX. It received its IRS tax-exemption ruling in August 2006, 20 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 (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, Kids Beach Club reported income of $1.4m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kids Beach Club sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Worcester Youth Center Inc ($1.4m), Changing Lives Youth Services Inc ($1.4m) and Youth Marine Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $212k (16% of expenses). Other salaries and wages came to $434k. At year end it held assets of $933k against liabilities of $378k, net assets of $555k. It reported 12 employees.