Greater Richmond Fit4kids Inc

Analysis

Greater Richmond Fit4kids Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Greater Richmond Fit4kids Inc reported income of $1.7m and spending of $1.1m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $755k to $1.7m (+123%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 49%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Richmond Fit4kids Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include United Way of the Greater Chippewa Valley Inc ($1.7m), Firefighters for Healing ($1.7m) and Holl Trust B Presbyterian Home ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $139k (12% of expenses). Other salaries and wages came to $525k. At year end it held assets of $1.8m against liabilities of $143k, net assets of $1.6m. It reported 31 employees.