Kids of Courage Inc

Analysis

Kids of Courage Inc is a registered charity in United States, based in Cedarhurst, NY. It received its IRS tax-exemption ruling in August 2009, 17 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 August 2023, Kids of Courage Inc reported income of $983k and spending of $1.2m, spending 120% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.2m to $983k (-21%), an average of -5.6% a year. The sharpest change came in the year to August 2023, when income dropped by 22%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kids of Courage Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Doylestown Fire Co No 1 ($983k), Eagle River Recreation Association Inc ($983k) and Kingman Boys Club Inc ($983k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $19k. At year end it held assets of $115k against liabilities of $236k, net assets of -$122k.