Freds Kids

Analysis

Freds Kids is a registered charity in United States, based in Deatsville, AL. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Freds Kids reported income of $71k and spending of $111k, spending 157% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $71k (-57%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 77% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Freds Kids sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within AL. Charities of a similar size with the same main cause include Kgwale Le Mollo US ($71k), United Nations Womens Guild ($71k) and Global Business & Technology Association Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.