Fitkidz Inc

Analysis

Fitkidz Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2018, 8 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, Fitkidz Inc reported income of $83k and spending of $73k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $83k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 113% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fitkidz Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Believe in Your Community ($83k), Pitcairn Camp B ($83k) and Camp Quest Inc ($83k).

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 $9,688 against liabilities of $27k, net assets of -$18k.