Kids and Cars Inc

Analysis

Kids and Cars Inc is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Kids and Cars Inc reported income of $275k and spending of $258k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $275k (+76%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Kids and Cars Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Gouldsboro Volunteer Fire Dept Inc ($274k), Brownsville Fire Company ($275k) and Barrett Township Volunteer Fire Company ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $73k (28% of expenses). At year end it held assets of $132k against liabilities of $45k, net assets of $87k.