Future for Kids

Analysis

Future for Kids is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in March 2001, 25 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 (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 2024, Future for Kids reported income of $884k and spending of $883k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $776k to $884k (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Future for Kids sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Teachers Like Me ($882k), Empire Soccer Club Inc ($885k) and Family Development Enterprises Inc ($882k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $120k (14% of expenses). Other salaries and wages came to $215k. At year end it held assets of $921k against liabilities of $2,417, net assets of $918k. It reported 19 employees.