Kool Boiz Foundation

Analysis

Kool Boiz Foundation is a registered charity in United States, based in Marysville, OH. It received its IRS tax-exemption ruling in May 2016, 10 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, Kool Boiz Foundation reported income of $70k and spending of $105k, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $70k (-14%), an average of -14% a year. Over the whole period it spent 133% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kool Boiz Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Pa Youth Shooting Association Inc ($70k), Elk River Girls Hockey Booster Club ($70k) and Ismael Cala Foundation Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.