Kids Rethink New Orleans Schools

Analysis

Kids Rethink New Orleans Schools is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Kids Rethink New Orleans Schools reported income of $2.3m and spending of $1.5m, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.0m to $2.3m (+126%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 69% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kids Rethink New Orleans Schools sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include Santa Clarita Valley Boys and Girls Club ($2.3m), Boys & Girls Club of Athens Inc ($2.3m) and A Million Stars Inc ($2.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $104k (6.9% of expenses). Other salaries and wages came to $379k. At year end it held assets of $4.5m against liabilities of $2.2m, net assets of $2.4m. It reported 10 employees.