Kids 4 College

Analysis

Kids 4 College is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in March 2009, 17 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 December 2022, Kids 4 College reported income of $672k and spending of $691k, spending 103% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $135k to $672k (+398%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 201%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kids 4 College sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include The Support Group Inc ($671k), The Boys and Girls Club of Chambersburg & Shippensburg Inc ($672k) and For Each 1 Reach 1 Mentoring Program Inc ($671k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (9.4% of expenses). Other salaries and wages came to $403k. At year end it held assets of $38k against liabilities of $116k, net assets of -$78k. It reported 53 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.