Iq for Kids Inc

Analysis

Iq for Kids Inc is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in July 2013, 13 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 September 2023, Iq for Kids Inc reported income of $145k and spending of $133k, spending 92% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $65k to $145k (+122%), an average of +30% a year. The sharpest change came in the year to September 2021, when income rose by 447%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Iq for Kids Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Eductional Assistance Fund Inc ($145k), Sowers Club of Nebraska Foundation ($145k) and Port St Lucie Police Athletic League Inc ($145k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.