Beds for Kids Inc

Analysis

Beds for Kids Inc is a registered charity in United States, based in Lakewood RCH, FL. It received its IRS tax-exemption ruling in April 2021, 5 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 2023, Beds for Kids Inc reported income of $68k and spending of $73k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $68k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Beds for Kids Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include West Orange Girls Club Inc ($68k), For Our Youth ($68k) and Mentoring Brother 2 Brother ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.