Memories for Kids

Analysis

Memories for Kids is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Memories for Kids reported income of $147k and spending of $176k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $147k (-0.4%), an average of -0.4% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Memories for Kids sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within NE. Charities of a similar size with the same main cause include Society of St Vincent de Paul Immac Ulate Conception Conference ($147k), Children Rescue and Rehabilitation Network Inc ($147k) and Healthy Living Systems Inc ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $243k against liabilities of $28k, net assets of $215k.