Friends of Cars Curing Kids Inc

Analysis

Friends of Cars Curing Kids Inc is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Friends of Cars Curing Kids Inc reported income of $87k and spending of $123k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $87k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 135% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Cars Curing Kids Inc 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 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include Friends of the Campus Inc ($87k), Floyd Throckmorton Testamentary Charitable Trust ($87k) and Dogwood City Grotto Inc of the National Speleological ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.