Sharks4kids Inc

Analysis

Sharks4kids Inc is a registered charity in United States, based in Dania Beach, FL. It received its IRS tax-exemption ruling in September 2014, 12 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, Sharks4kids Inc reported income of $105k and spending of $115k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $105k (-9.0%), an average of -9.0% a year. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sharks4kids Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Grant Drum Line Music Association ($105k), Our Village ($105k) and National Charity League Canyon Chapter ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. At year end it held assets of $132k against liabilities of $2,313, net assets of $129k.