Save the Kid Fund Inc

Analysis

Save the Kid Fund Inc is a registered charity in United States, based in East Lyme, CT. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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 June 2024, Save the Kid Fund Inc reported income of $158k and spending of $107k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $58k to $158k (+173%), an average of +173% a year. The sharpest change came in the year to June 2024, when income rose by 173%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Save the Kid Fund Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Society of St Vincent de Paul Superior District Council ($158k), Alpha Gamma Rho Educational Foundation of Iota Chapter Inc ($158k) and Elder Mountain Volunteer Service Inc ($158k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $21k, net assets of $54k.