Kids First Center

Analysis

Kids First Center is a registered charity in United States, based in Scarborough, ME. It received its IRS tax-exemption ruling in January 1990, 36 years ago. 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, Kids First Center reported income of $382k and spending of $393k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $382k (+4.0%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kids First Center sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 61st percentile within ME. Charities of a similar size with the same main cause include Newport Health Property Management Inc ($382k), Riverside Meals on Wheels Inc ($383k) and Chackbay Volunteer Fire Department Inc ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $111k (28% of expenses). Other salaries and wages came to $73k. At year end it held assets of $126k against liabilities of $42k, net assets of $85k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.