Simones Kids Inc

Analysis

Simones Kids Inc is a registered charity in United States, based in Cartersville, GA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Simones Kids Inc reported income of $656k and spending of $780k, spending 119% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $457k to $656k (+43%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Simones Kids Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include Missions International ($655k), Faith in Deeds Inc ($657k) and American Friends of Masterworks Inc ($655k).

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 $4,200 (0.5% of expenses). Other salaries and wages came to $79k. At year end it held assets of $340k against liabilities of $1,934, net assets of $338k. It reported 5 employees.