Contractors for Kids Inc

Analysis

Contractors for Kids Inc is a registered charity in United States, based in Holbrook, NY. It received its IRS tax-exemption ruling in March 2007, 19 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, Contractors for Kids Inc reported income of $177k and spending of $203k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $270k to $177k (-35%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Contractors for Kids Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Friendship Christianship Learning Center Inc ($177k), Feed the Body Feed the Soul Inc ($177k) and Admirals Power Play Foundation Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% of the total. At year end it held assets of $209k against liabilities of $21k, net assets of $188k.