High Tech Kids

Analysis

High Tech Kids is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, High Tech Kids reported income of $599k and spending of $653k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $533k to $599k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, High Tech Kids sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Polish Supplementary School Council of America Inc ($599k), Fishers High School Band Boosters ($600k) and Early Care and Education Association ($599k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $94k (14% of expenses). Other salaries and wages came to $232k. At year end it held assets of $359k against liabilities of $4,278, net assets of $354k. It reported 10 employees.