Prospects Kids

Analysis

Prospects Kids is a registered charity in United States, based in Maple Valley, WA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Prospects Kids reported income of $72k and spending of $72k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $68k to $72k (+6.6%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Prospects Kids sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 23rd percentile within WA. Charities of a similar size with the same main cause include Route 66 Bridge Club ($72k), Southern Sportsmen for Youth & Physically Challenged Hunters ($72k) and Get in Shape Long Island Ltd ($72k).

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 $490 against liabilities of $0, net assets of $490.