Fitkids360

Analysis

Fitkids360 is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Fitkids360 reported income of $153k and spending of $394k, spending 258% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $1.0m to $153k (-85%), an average of -85% a year. The sharpest change came in the year to September 2023, when income dropped by 85%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fitkids360 sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Hear Me Now Inc ($153k), Adoption Solutions of Maine ($153k) and Sandstone Apartments Inc ($153k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $145k. At year end it held assets of $462k against liabilities of $0, net assets of $462k.