Geeking Out Kids of Color

Analysis

Geeking Out Kids of Color is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2020, 6 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, Geeking Out Kids of Color reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $806k to $1.1m (+35%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Geeking Out Kids of Color sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WA. Charities of a similar size with the same main cause include Starke County Youth Club Inc ($1.1m), Big Brothers Big Sisters of Westchester County Inc ($1.1m) and Mustaches for Kids Omaha ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $105k (10% of expenses). Other salaries and wages came to $595k. It paid $18k in professional fundraising fees. At year end it held assets of $621k against liabilities of $0, net assets of $621k. It reported 23 employees.