Capital for Kids

Analysis

Capital for Kids is a registered charity in United States, based in Dallas, 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, Capital for Kids reported income of $1.3m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.3m (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Capital for Kids 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 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Atascosa County Live Stock Show ($1.3m), Blue Sky Fund ($1.3m) and California Missions Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $53k. At year end it held assets of $1.1m against liabilities of $1.0m, net assets of $52k. It reported 1 employees.