Kool Kidz World Inc

Analysis

Kool Kidz World Inc is a registered charity in United States, based in Maple Shade, NJ. It received its IRS tax-exemption ruling in April 2013, 13 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, Kool Kidz World Inc reported income of $1.2m and spending of $1.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $382k to $1.2m (+209%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kool Kidz World Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Jewish Family Service of the Lehigh Valley ($1.2m), Good Samaritan Family Services ($1.2m) and Social Service League of LA Jolla ($1.2m).

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 $85k (8.1% of expenses). Other salaries and wages came to $526k. At year end it held assets of $138k against liabilities of $0, net assets of $138k. It reported 20 employees.