Caring for Kids

Analysis

Caring for Kids is a registered charity in United States, based in New Harbor, ME. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Caring for Kids reported income of $101k and spending of $107k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $101k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Caring for Kids sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 30th percentile within ME. Charities of a similar size with the same main cause include Ypsilanti Historical Society Inc ($101k), Upper Saddle River Historical Society ($101k) and United Way Endowment Fund of Carlisle Pennsylvania ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.