Kid Power Inc

Analysis

Kid Power Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 September 2023, Kid Power Inc reported income of $487k and spending of $493k, spending 101% of its income. Across the 6 years on record, from June 2019 to September 2023, income fell from $1.3m to $487k (-63%), an average of -18% a year. The sharpest change came in the year to September 2023, when income dropped by 76%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kid Power Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 43rd percentile within DC. Charities of a similar size with the same main cause include Island Waldorf Community Inc ($487k), H20s Foundation Inc ($487k) and Friends of the Children Tacoma ($487k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $19k (3.9% of expenses). Other salaries and wages came to $318k. At year end it held assets of $1.5m against liabilities of $12k, net assets of $1.5m.