Kids to Love Foundation

Analysis

Kids to Love Foundation is a registered charity in United States, based in Madison, AL. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 to Love Foundation reported income of $5.2m and spending of $4.9m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $5.2m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids to Love Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Stillwater Group Homes Inc ($5.2m), Larche Daybreak ($5.2m) and African Development Center ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $114k (2.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.2m against liabilities of $71k, net assets of $6.1m. It reported 31 employees.