1st Kids Inc

Analysis

1st Kids Inc is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in January 2003, 23 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 March 2023, 1st Kids Inc reported income of $9.6m and spending of $9.4m, spending 98% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $7.1m to $9.6m (+35%), an average of +7.7% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 1st Kids Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include California Family Life Center ($9.6m), Abrazar Inc ($9.6m) and Boston Chinatown Neighborhood Center Inc ($9.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $130k (1.4% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $4.6m against liabilities of $1.5m, net assets of $3.1m. It reported 128 employees.