Connecting Kids to Meals Inc

Analysis

Connecting Kids to Meals Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover food, agriculture and nutrition, 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 September 2023, Connecting Kids to Meals Inc reported income of $2.9m and spending of $3.1m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.9m (+68%), an average of +14% a year. The sharpest change came in the year to September 2020, when income rose by 126%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Connecting Kids to Meals Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Ancoratn ($2.9m), Sheltering Wings Center for Women Inc ($2.9m) and Independent Living Services Inc ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $115k (3.7% of expenses). Other salaries and wages came to $927k. At year end it held assets of $3.9m against liabilities of $165k, net assets of $3.8m. It reported 111 employees.