Kaleidoscope Kids Childcare Center Inc

Analysis

Kaleidoscope Kids Childcare Center Inc is a registered charity in United States, based in West Union, IA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Kaleidoscope Kids Childcare Center Inc reported income of $660k and spending of $646k, spending 98% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $458k to $660k (+44%), an average of +13% a year. The sharpest change came in the year to August 2021, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kaleidoscope Kids Childcare Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within IA. Charities of a similar size with the same main cause include Neighborhood Schoolhouse of Brattleboro Inc ($660k), New Harvest Christian Schools ($660k) and Kentuckiana Construction Education Foundation Trust Fund ($660k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. Other salaries and wages came to $444k. At year end it held assets of $1.1m against liabilities of $1,893, net assets of $1.1m. It reported 35 employees.