Moustaches for Kids

Analysis

Moustaches for Kids is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Moustaches for Kids reported income of $104k and spending of $108k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $216k to $104k (-52%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Moustaches for Kids sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include South Florida Chesed Inc ($104k), Becker Family Foundation ($104k) and Houston Gman Classic Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 119% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.