Focusedkids

Analysis

Focusedkids is a registered charity in United States, based in Basalt, CO. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Focusedkids reported income of $257k and spending of $266k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $623k to $257k (-59%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 68%. Over the whole period it spent 105% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Focusedkids sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Advantage Lancaster ($257k), Downers Own Little Lassies Softball ($257k) and Bakersfield Police Activities League ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $65k (24% of expenses). Other salaries and wages came to $41k. It paid $3,785 in professional fundraising fees. At year end it held assets of $66k against liabilities of $15k, net assets of $51k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.