College for Kids Inc

Analysis

College for Kids Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in March 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, College for Kids Inc reported income of $4.5m and spending of $1.5m, leaving 66% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.0m to $4.5m (+122%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College for Kids Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Noble Academy ($4.5m), Headstart Child and Family Services Inc ($4.5m) and Woodlawn School ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $135k (8.8% of expenses). Other salaries and wages came to $693k. At year end it held assets of $11.8m against liabilities of $141k, net assets of $11.7m. It reported 15 employees.