Kidcity Inc

Analysis

Kidcity Inc is a registered charity in United States, based in Middletown, CT. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Kidcity Inc reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $868k to $1.0m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 201%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kidcity Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include Jimena Inc ($1.0m), National Flute Association Inc ($1.0m) and Spirit Series Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $100k (9.1% of expenses). Other salaries and wages came to $350k. At year end it held assets of $2.4m against liabilities of $32k, net assets of $2.4m. It reported 34 employees.