Foster Kidd Foundation

Analysis

Foster Kidd Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2018, Foster Kidd Foundation reported income of $156k and spending of $184k, spending 118% of what it took in. Across the 2 years on record, from December 2017 to December 2018, income grew from $104k to $156k (+50%), an average of +50% a year. The sharpest change came in the year to December 2018, when income rose by 50%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Foster Kidd Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Aiken Futbol Club ($156k), Friends of Sarasota County Parks Inc ($156k) and Worth Township High School Hockey Association ($156k).

On its Form 990 for the period ending December 2018, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.