Key Biscayne Children and Education Foundation Inc

Analysis

Key Biscayne Children and Education Foundation Inc is a registered charity in United States, based in Key Biscayne, FL. It received its IRS tax-exemption ruling in October 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, Key Biscayne Children and Education Foundation Inc reported income of $361k and spending of $310k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $361k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. 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, Key Biscayne Children and Education Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Nami Cook County North Subrban ($361k), Myanmar Buddhist Meditation Society ($361k) and The Kiwanis Club of Black Mountain Swannanoa Foundation Inc ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $14k (4.4% of expenses). At year end it held assets of $107k against liabilities of $1,758, net assets of $105k.