Blast 4 Kids

Analysis

Blast 4 Kids is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, Blast 4 Kids reported income of $150k and spending of $100k, leaving 33% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $122k to $150k (+22%), an average of +22% a year. The sharpest change came in the year to July 2023, when income rose by 22%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blast 4 Kids sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Generosity-Global Incorporated ($150k), Caldwell County Agricultural Fair ($150k) and Clothing Inc ($150k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.