Caring for Kids Inc

Analysis

Caring for Kids Inc is a registered charity in United States, based in Cape May CH, NJ. It received its IRS tax-exemption ruling in January 2002, 24 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 December 2023, Caring for Kids Inc reported income of $559k and spending of $554k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $559k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Caring for Kids Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Big Blue Booster Club ($559k), National High School Rodeo Foundation Inc ($559k) and Miami University Paper Science and Engineering Foundation ($558k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $271k. At year end it held assets of $385k against liabilities of $247k, net assets of $138k. It reported 6 employees.