Tracy Kids World

Analysis

Tracy Kids World is a registered charity in United States, based in Tracy, MN. It received its IRS tax-exemption ruling in December 2002, 24 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, Tracy Kids World reported income of $394k and spending of $418k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $394k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tracy Kids World sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Wakway Inc ($394k), Manasota District Council St Vincent de Paul Society Inc ($394k) and The Dale County Rescue Mission ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $14k (3.4% of expenses). Other salaries and wages came to $287k. At year end it held assets of $73k against liabilities of -$3, net assets of $73k. It reported 39 employees.