Speak Up for Kids of Palm Beach County Inc

Analysis

Speak Up for Kids of Palm Beach County Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in June 2009, 17 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 March 2024, Speak Up for Kids of Palm Beach County Inc reported income of $1.7m and spending of $2.1m, spending 122% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $914k to $1.7m (+86%), an average of +13% a year. The sharpest change came in the year to March 2023, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Speak Up for Kids of Palm Beach County Inc sits at the 81st percentile: it is larger than about 81% 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 A Hole in the Roof Foundation ($1.7m), Whetstone Boys Ranch ($1.7m) and Project Woman of Springfield and Clark County ($1.7m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $94k (4.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $494k against liabilities of $15k, net assets of $479k. It reported 16 employees.