Kids Making It Inc

Analysis

Kids Making It Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Kids Making It Inc reported income of $716k and spending of $746k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $845k to $716k (-15%), an average of -4.1% a year. Over the whole period it spent 77% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kids Making It Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Haven for Affordable Housing Inc ($715k), Marion County Industrial Foundation Inc ($716k) and Nourish Nantucket Inc ($715k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $77k (10% of expenses). Other salaries and wages came to $345k. At year end it held assets of $2.2m against liabilities of $249k, net assets of $1.9m. It reported 23 employees.