Raising Multicultural Kids

Analysis

Raising Multicultural Kids is a registered charity in United States, based in North Easton, MA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover public and societal benefit, 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 June 2023, Raising Multicultural Kids reported income of $229k and spending of $209k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $333k to $229k (-31%), an average of -31% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Raising Multicultural Kids sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Johnson County Library Foundation ($229k), Legal Aid Corporation of Tippecanoe County ($229k) and Harris Memorial Library ($229k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. Other salaries and wages came to $113k. At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 19 employees.