Kids Chance of Florida Inc

Analysis

Kids Chance of Florida Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Kids Chance of Florida Inc reported income of $106k and spending of $111k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $119k to $106k (-11%), an average of -11% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Chance of Florida Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Oak Hill Elementary School Parent Teacher Organization Incorporated ($106k), Beyond US Ministries ($106k) and Herald Education Inc ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $354k against liabilities of $80k, net assets of $274k.