Love My Kids the Tracy Otte Foundation Inc

Analysis

Love My Kids the Tracy Otte Foundation Inc is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Love My Kids the Tracy Otte Foundation Inc reported income of $60k and spending of $61k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $60k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Love My Kids the Tracy Otte Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include South Side High School Foundation ($60k), Adena Primary PTO ($60k) and Friends of the Brainerd Public Library Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.