Witkids Inc

Analysis

Witkids Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Witkids Inc reported income of $239k and spending of $212k, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $226k to $239k (+5.8%), an average of +1.1% a year. The sharpest change came in the year to June 2024, when income rose by 92%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Witkids Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Creative Adventures Inc ($239k), Wilson Education Partnership Inc ($239k) and Washington County Leadership Development Program Inc ($239k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $87k (41% of expenses). At year end it held assets of $52k against liabilities of $729, net assets of $51k. It reported 1 employees.