Kids Around the World Inc

Analysis

Kids Around the World Inc is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in May 1996, 30 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 Around the World Inc reported income of $7.2m and spending of $7.0m, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $5.9m to $7.2m (+22%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kids Around the World Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Sola I Can Foundation ($7.2m), Tickets for Kids Foundation ($7.2m) and Big Brothers and Big Sisters of Greater Miami ($7.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $292k (4.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.3m against liabilities of $673k, net assets of $3.6m. It reported 30 employees.