Kids N Hope Foundation Inc

Analysis

Kids N Hope Foundation Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kids N Hope Foundation Inc reported income of $672k and spending of $666k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $672k (+150%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids N Hope Foundation 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 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Solutions Center Shelter and Support Services Inc ($672k), Shelton Valley Christian Development Center ($672k) and Chicago Friends of the Elderlyfoundation ($672k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $362k against liabilities of $0, net assets of $362k.