Kid Rock Foundation

Analysis

Kid Rock Foundation is a registered charity in United States, based in Tequesta, FL. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kid Rock Foundation reported income of $87k and spending of $118k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $33k to $87k (+168%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 11566%. Over the whole period it spent 219% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kid Rock Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Jacksonville Leadership & Education Advancement & Development ($87k), Port Arthur Education Foundation Inc ($87k) and Ida B Wells Booster Club ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.