Kids Beating Cancer Inc

Analysis

Kids Beating Cancer Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Kids Beating Cancer Inc reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 5 years on record, from July 2019 to December 2022, income grew from $1.6m to $1.7m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 577%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids Beating Cancer Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include New Jersey Korean American Mutual Aid Association Inc ($1.7m), Spring Lake Memorial Community House ($1.7m) and Visitation Home Inc ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $230k (13% of expenses). Other salaries and wages came to $125k. At year end it held assets of $1.2m against liabilities of $32k, net assets of $1.1m.