Teammates for Kids Foundation

Analysis

Teammates for Kids Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Teammates for Kids Foundation reported income of $4.1m and spending of $2.6m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.7m to $4.1m (-65%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 63%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Teammates for Kids Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Lion Foundation ($4.1m), St Davids Community Health Foundation Initiatives ($4.1m) and Worldwide Initiatives for Grantmaker Support Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% of the total. Compensation of current officers, directors and key employees was $319k (12% of expenses). At year end it held assets of $84.4m against liabilities of $0, net assets of $84.4m. It reported 2 employees.