For the Kids Foundation Inc

Analysis

For the Kids Foundation Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in November 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, For the Kids Foundation Inc reported income of $696k and spending of $570k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $707k to $696k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, For the Kids Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AK. Charities of a similar size with the same main cause include The West Coast Care Foundation Inc ($695k), Flint YMCA Foundation ($696k) and Caritas Hall Association ($694k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 123% of the total. Other salaries and wages came to $177k. At year end it held assets of $595k against liabilities of $69k, net assets of $526k. It reported 9 employees.