Kids in the Spotlight Inc

Analysis

Kids in the Spotlight Inc is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in October 2009, 17 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 2023, Kids in the Spotlight Inc reported income of $2.9m and spending of $1.9m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.9m (+124%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 230%. Over the whole period it spent 66% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kids in the Spotlight 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 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Youth Venture Inc ($2.9m), Police Activity League of Waterburyinc ($2.9m) and The TVRC Education Foundation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $223k (12% of expenses). Other salaries and wages came to $517k. At year end it held assets of $3.1m against liabilities of $157k, net assets of $2.9m. It reported 11 employees.