Beds 4 Kids

Analysis

Beds 4 Kids is a registered charity in United States, based in Oak Park, MI. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Beds 4 Kids reported income of $363k and spending of $246k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $299k to $363k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beds 4 Kids sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Phased in ($363k), Grand Ravine Senior Housing Inc ($363k) and Cooperative Services Inc ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $561k against liabilities of $288k, net assets of $273k.