Island Kids Inc

Analysis

Island Kids Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1994, 32 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 December 2023, Island Kids Inc reported income of $580k and spending of $771k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $520k to $580k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 193%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Island Kids Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Croton Caring Committee Inc ($580k), Womens Resource Center ($580k) and XL Ministries Inc ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $78k (10% of expenses). Other salaries and wages came to $351k. At year end it held assets of $13k against liabilities of $49k, net assets of -$36k. It reported 31 employees.