Kims Kids Inc

Analysis

Kims Kids Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kims Kids Inc reported income of $386k and spending of $382k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $355k to $386k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kims Kids Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Crossroads Volleyball Inc ($386k), Carlos Beltran Baseball Academy Foundation Inc ($386k) and Fayette Area Lions Den Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $36k (9.4% of expenses). Other salaries and wages came to $143k. At year end it held assets of $8,579 against liabilities of $0, net assets of $8,579. It reported 39 employees.