Kids Food Basket

Analysis

Kids Food Basket is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, Kids Food Basket reported income of $8.4m and spending of $8.3m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.6m to $8.4m (+11%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids Food Basket sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Wayside Christian Mission ($8.4m), Living Hope Incorporated ($8.4m) and Raleigh County Commission on Aging Inc ($8.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $294k (3.6% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $16.7m against liabilities of $350k, net assets of $16.3m. It reported 76 employees.