H20s Foundation Inc

Analysis

H20s Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2008, 18 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, H20s Foundation Inc reported income of $487k and spending of $409k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $487k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, H20s Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Kid Power Inc ($487k), Transformations Youth Group ($488k) and Island Waldorf Community Inc ($487k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $337k against liabilities of $469k, net assets of -$132k.