We Care for Kids Inc

Analysis

We Care for Kids Inc is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, We Care for Kids Inc reported income of $145k and spending of $89k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $286k to $145k (-49%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Care for Kids Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Musicians Mission of Mercy Corp ($145k), Christian Minstries of Huntingburg Inc ($145k) and Keep the Change Incorporated ($145k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.