Funds for Kidz

Analysis

Funds for Kidz is a registered charity in United States, based in Spanaway, WA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Funds for Kidz reported income of $759k and spending of $661k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $293k to $759k (+159%), an average of +159% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Funds for Kidz sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Real Champions Inc ($759k), Ascent Soccer USA ($762k) and Dr Martin Luther King Jr Neighborhood Family Center Inc ($759k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (4.8% of expenses). At year end it held assets of $116k against liabilities of $0, net assets of $116k. It reported 1 employees.