Fore Kids Foundation Inc

Analysis

Fore Kids Foundation Inc is a registered charity in United States, based in Avondale, LA. It received its IRS tax-exemption ruling in February 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Fore Kids Foundation Inc reported income of $17.4m and spending of $16.4m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $13.9m to $17.4m (+25%), an average of +5.8% a year. The sharpest change came in the year to September 2021, when income rose by 284%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fore Kids Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include Impact Charitable ($17.4m), Community Foundation of the Fox River Valley ($17.5m) and Grand Haven Area Community Foundation Inc ($17.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $558k (3.4% of expenses). Other salaries and wages came to $385k. At year end it held assets of $12.5m against liabilities of $4.8m, net assets of $7.7m. It reported 8 employees.