Kid Zone Child Care Center

Analysis

Kid Zone Child Care Center is a registered charity in United States, based in Hopkins, MN. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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, Kid Zone Child Care Center reported income of $2.6m and spending of $2.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.6m (+95%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kid Zone Child Care Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.6m), Yavapai Rehabilitation Center ($2.6m) and Safeplace Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $81k (3.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.6m against liabilities of $1.9m, net assets of $781k. It reported 49 employees.