Cars 4 Kids Foundation Inc

Analysis

Cars 4 Kids Foundation Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cars 4 Kids Foundation Inc reported income of $586k and spending of $518k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $586k (+104%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cars 4 Kids Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within UT. Charities of a similar size with the same main cause include Amani Community Services ($586k), Horn Farm Center for Agricultural Education ($586k) and Fasd Communities ($586k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $103k. At year end it held assets of $168k against liabilities of $6,436, net assets of $162k. It reported 1 employees.