Gifts for Kids Inc

Analysis

Gifts for Kids Inc is a registered charity in United States, based in Edgerton, WI. It received its IRS tax-exemption ruling in September 1996, 30 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, Gifts for Kids Inc reported income of $80k and spending of $48k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $80k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gifts for Kids Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within WI. Charities of a similar size with the same main cause include Ames-Iowa State University Young Womens Christian Association ($80k), Friends and Helpers of Madre Berenic ($80k) and Djiboutian American Community Empowerment Project ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $426k against liabilities of $1,042, net assets of $425k.