Boyz to Kings Inc

Analysis

Boyz to Kings Inc is a registered charity in United States, based in Madison, FL. It received its IRS tax-exemption ruling in March 2019, 7 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 2022, Boyz to Kings Inc reported income of $177k and spending of $172k, spending 98% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $114k to $177k (+56%), an average of +56% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boyz to Kings Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Minneapolis Recreation Development Inc ($177k), Ukulele Kids Club Inc ($177k) and Symple Equazion ($177k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,193 against liabilities of $0, net assets of $5,193.