Kids Klub Inc

Analysis

Kids Klub Inc is a registered charity in United States, based in Smithfield, RI. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kids Klub Inc reported income of $1.5m and spending of $1.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.5m (-9.7%), an average of -2.5% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids Klub Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within RI. Charities of a similar size with the same main cause include Homeless Garden Project ($1.5m), Next Step Domestic Violence Project ($1.5m) and Flatwater Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $721k. At year end it held assets of $720k against liabilities of $9,140, net assets of $710k. It reported 72 employees.