Fit Kids Inc

Analysis

Fit Kids Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fit Kids Inc reported income of $19.5m and spending of $15.2m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.6m to $19.5m (+104%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fit Kids Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include American Association of Colleges of Nursing ($19.5m), Journey Community Schools Inc ($19.5m) and Propel Charter School Sunrise ($19.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $495k (3.3% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $31.8m against liabilities of $29.3m, net assets of $2.5m. It reported 206 employees.