For Kids Only Afterschool Incorporated

Analysis

For Kids Only Afterschool Incorporated is a registered charity in United States, based in Winthrop, MA. It received its IRS tax-exemption ruling in November 1990, 36 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 August 2023, For Kids Only Afterschool Incorporated reported income of $9.8m and spending of $8.7m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $7.5m to $9.8m (+31%), an average of +6.9% a year. The sharpest change came in the year to August 2021, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, For Kids Only Afterschool Incorporated sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include St Marys Home ($9.8m), Young Mens Christian Association-Columbia ($9.8m) and Okanogan County Community Action Council Inc ($9.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $425k (4.9% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $16.7m against liabilities of $3.6m, net assets of $13.1m. It reported 272 employees.