Million Kids

Analysis

Million Kids is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Million Kids reported income of $323k and spending of $361k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $323k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Million Kids sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Community Chest of Englewood ($323k), Jacobs Well Inc ($323k) and Indy Foundation ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $20k (5.5% of expenses). Other salaries and wages came to $5,000. At year end it held assets of $103k against liabilities of $4,559, net assets of $99k. It reported 2 employees.