Kids Advancing Hope Coalition

Analysis

Kids Advancing Hope Coalition is a registered charity in United States, based in Wixom, MI. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Advancing Hope Coalition reported income of $87k and spending of $62k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $102k to $87k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 299%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Advancing Hope Coalition sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include San Pedro Pirate Booster Club ($87k), Korean Real Estate Brokers Association ($87k) and Marcus H S Choir Booster Club ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 12% of the total. At year end it held assets of $1.4m against liabilities of $924k, net assets of $437k.