Passes our checks

Racing for Kids

EIN 38-3457448 · Harbor Spgs, MI

Public records show a registered, tax-exempt organization in good standing.

What it says it does

TO USE THE POPULARITY OF MOTORSPORTS TO BRING PUBLIC ATTENTION AND FUNDING TO THE HEALTH CARE NEEDS OF CHILDREN

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 63 out of 100. Higher than 28% of charities in its peer group (health care, $250k to $1m).

Reserves
20 of 35
Spendable reserves would cover 3.7 months of spending.
Debt
20 of 20
It owes 3% of what it owns.
Living within its means
0 of 15
Spending exceeded income by 16% of income.
Income trend
15 of 15
Income rose 25% on the year before.
Spending floor
8 of 15
64% of spending went to programs and raising each dollar of donations cost 15 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 89 out of 100. Higher than 70% of charities in its peer group (health care, $250k to $1m).

Independent board
18 of 25
3 of 3 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
8 of 8
Has a written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Independent check of accounts
12 of 15
Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)

$31,179 spent. DIRECT CONTRIBUTIONS TO VARIOUS CHILDREN'S HOSPITALS AND RELATED CHARITABLE ORGANIZATIONS
$199,116 spent. EXPENSES ARE CONNECTED WITH PAYROLL,MARKETING AND PROMOTIONS, TRAVEL, AND OTHER RELATED PROGRAM SERVICES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2000.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.