Castaway Kids Inc

Analysis

Castaway Kids Inc is a registered charity in United States, based in Green Valley, AZ. It received its IRS tax-exemption ruling in May 2008, 18 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, Castaway Kids Inc reported income of $694k and spending of $61k, leaving 91% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $213k to $694k (+226%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 417%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Castaway Kids Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Family Vision Ministries Inc ($694k), Kodiak Foundation ($694k) and Reading Montessori School ($694k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $829k against liabilities of $0, net assets of $829k.