Kidtek NFP

Analysis

Kidtek NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Kidtek NFP reported income of $267k and spending of $260k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $221k to $267k (+20%), an average of +9.8% a year. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kidtek NFP sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Harmony Project Tulsa Inc ($266k), Axiom Project Inc ($267k) and Holy Family Farm Inc ($266k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $201k (77% of expenses). Other salaries and wages came to $1,200. At year end it held assets of $28k against liabilities of $7,500, net assets of $21k. It reported 2 employees.