Charidy Inc

Analysis

Charidy Inc is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in January 2016, 10 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, Charidy Inc reported income of $235k and spending of $79k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $235k (+538%), an average of +538% a year. The sharpest change came in the year to December 2023, when income rose by 538%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Charidy Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Missouri Wolverines Youth Organization Inc ($235k), Future Farmers of America State Associations & Local Chapter ($235k) and Westerville United FC ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.