Power Company Kids Club

Analysis

Power Company Kids Club is a registered charity in United States, based in Pontiac, MI. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Power Company Kids Club reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Power Company Kids Club sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Boy & Girls Club of Ottawa County ($1.4m), Dallas United Crew Inc ($1.4m) and No Limits Community Development Corporation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $510k. At year end it held assets of $2.9m against liabilities of $1,832, net assets of $2.9m. It reported 13 employees.