Kids Light Inc

Analysis

Kids Light Inc is a registered charity in United States, based in Seagoville, TX. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kids Light Inc reported income of $719k and spending of $804k, spending 112% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $452k to $719k (+59%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids Light Inc 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 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Ventures Atl Inc ($719k), Parent Program of Mid-Coast Maine Inc ($720k) and Domestic Violence Center of Grays Harbor ($719k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $156k (19% of expenses). Other salaries and wages came to $126k. At year end it held assets of $26k against liabilities of $0, net assets of $26k. It reported 10 employees.