Kids Hope USA Inc

Analysis

Kids Hope USA Inc is a registered charity in United States, based in Zeeland, MI. It received its IRS tax-exemption ruling in February 2002, 24 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 September 2023, Kids Hope USA Inc reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.9m to $1.6m (-15%), an average of -4.1% a year. The sharpest change came in the year to September 2021, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Hope USA Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Goldberg Montessori School ($1.6m), Emmanuel Christian Academy of Kingman ($1.6m) and North Star Child Development Center Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $150k (10% of expenses). Other salaries and wages came to $927k. At year end it held assets of $2.4m against liabilities of $117k, net assets of $2.3m. It reported 29 employees.