Canoeing for Kids

Analysis

Canoeing for Kids is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Canoeing for Kids reported income of $235k and spending of $110k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $162k to $235k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Canoeing for Kids 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 57th percentile, and in the 62nd percentile within SC. Charities of a similar size with the same main cause include Creating Caring Communities ($235k), Rhea County United Way ($236k) and Hands on Thomas County Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $21k (19% of expenses). At year end it held assets of $623k against liabilities of $3,418, net assets of $620k. It reported 1 employees.