V a Kids Center Inc
Analysis
V a Kids Center Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in April 1994, 32 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, V a Kids Center Inc reported income of $479k and spending of $578k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $479k (+85%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 94% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, V a Kids Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Emmanuel Senior Enrichment Center Inc ($479k), The River Center Family and Community Resource Center ($479k) and Choices for Children Day School ($479k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $70k (12% of expenses). Other salaries and wages came to $359k. At year end it held assets of $200k against liabilities of $54k, net assets of $146k. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.8%
- Program services 90%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Emmanuel Senior Enrichment Center Inc | High Point | $479k |
| The River Center Family and Community Resource Center | Peterborough | $479k |
| Choices for Children Day School | Albuquerque | $479k |
| Black Impact Community Fund Inc | Los Angeles | $479k |