Invest for Kids Inc

Analysis

Invest for Kids Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Invest for Kids Inc reported income of $2.1m and spending of $2.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.1m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Invest for Kids Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Lutheran Counseling and Family Services of Wisconsin Inc ($2.1m), A Loving Heart Youth Services Incorporated ($2.1m) and Hope Clinic and Care Center Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $702k against liabilities of $0, net assets of $702k.