Capable Kids Foundation Inc

Analysis

Capable Kids Foundation Inc is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Capable Kids Foundation Inc reported income of $291k and spending of $374k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $327k to $291k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 191%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capable Kids Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Corpus Christi House Inc ($291k), Miami County Helping Hands Inc ($291k) and Restoration Resources Ministry Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $81k (22% of expenses). Other salaries and wages came to $91k. At year end it held assets of $146k against liabilities of $11k, net assets of $135k. It reported 18 employees.