Ocean Kids Inc

Analysis

Ocean Kids Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in April 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ocean Kids Inc reported income of $139k and spending of $86k, leaving 38% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $145k to $139k (-4.1%), an average of -2.1% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 61% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ocean Kids Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Thrive Sports ($139k), Zahara Kathawalla Foundation ($139k) and Custer County Fair Assocation ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $233k against liabilities of $63k, net assets of $170k.