Cool Kids Child Care Education and Nutrition

Analysis

Cool Kids Child Care Education and Nutrition is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2002, 24 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 September 2023, Cool Kids Child Care Education and Nutrition reported income of $4.7m and spending of $4.6m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.8m to $4.7m (+21%), an average of +4.9% a year. The sharpest change came in the year to September 2023, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cool Kids Child Care Education and Nutrition sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Awixa Home of Li Inc ($4.7m), Massachusetts Alliance of Portuguese Speakers Inc ($4.7m) and US Together Inc ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $267k (5.7% of expenses). Other salaries and wages came to $209k. At year end it held assets of $433k against liabilities of $326k, net assets of $107k. It reported 5 employees.