Kinship of Polk County Inc

Analysis

Kinship of Polk County Inc is a registered charity in United States, based in Balsam Lake, WI. It received its IRS tax-exemption ruling in June 1985, 41 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 2023, Kinship of Polk County Inc reported income of $253k and spending of $233k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $253k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kinship of Polk County Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Youth Utilizing Power and Praise Organization ($253k), Safari Youth Club ($253k) and Londonderry Soccer Club ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. Other salaries and wages came to $156k. At year end it held assets of $440k against liabilities of $13k, net assets of $427k. It reported 4 employees.