Amikids Inc

Analysis

Amikids Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 1983, 43 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 June 2023, Amikids Inc reported income of $54.4m and spending of $52.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $48.1m to $54.4m (+13%), an average of +3.1% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amikids Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include President & Scholars of the College of Saint Mary Magdalen in the Univ ($54.2m), Gator Boosters Inc ($54.4m) and Childrens Miracle Network ($54.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $883k (1.7% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $67.8m against liabilities of $36.6m, net assets of $31.2m. It reported 106 employees.