Kids Gala a David C McKnight Foundation

Analysis

Kids Gala a David C McKnight Foundation is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Kids Gala a David C McKnight Foundation reported income of $193k and spending of $222k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $179k to $193k (+8.3%), an average of +8.3% a year. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kids Gala a David C McKnight Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include Edisto Indian Free Clinic ($193k), Backbay Therapeutic Riding Club Inc ($193k) and Mental Health Association Group Homes Inc ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $100k against liabilities of $10k, net assets of $90k.