Kids Forward Inc

Analysis

Kids Forward Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in February 1942, 84 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Forward Inc reported income of $1.3m and spending of $1.8m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.3m (-21%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids Forward Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include Foundation of Community Assistance and Leadership Inc ($1.3m), St Teresa Ministries Inc ($1.3m) and Touchette Elderly Apartments I Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $139k (7.9% of expenses). Other salaries and wages came to $765k. At year end it held assets of $2.2m against liabilities of $292k, net assets of $1.9m. It reported 13 employees.