For the Kids Benefit Foundation Inc

Analysis

For the Kids Benefit Foundation Inc is a registered charity in United States, based in Denison, TX. It received its IRS tax-exemption ruling in August 2021, 5 years ago. 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, For the Kids Benefit Foundation Inc reported income of $96k and spending of $94k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $96k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, For the Kids Benefit Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Pittsburgh New Music Ensemble Inc ($96k), House of Mercy ($96k) and Sheldon Community School Educational Foundation ($96k).

At year end it held assets of $18k against liabilities of $0, net assets of $18k.