Catalina Kid Ventures

Analysis

Catalina Kid Ventures is a registered charity in United States, based in Avalon, CA. It received its IRS tax-exemption ruling in September 2012, 14 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 June 2023, Catalina Kid Ventures reported income of $203k and spending of $214k, spending 106% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income fell from $286k to $203k (-29%), an average of -16% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catalina Kid Ventures sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Helping Hands of Central Missouri Inc ($203k), Huntington County Child Advocacy Center Inc ($203k) and Ummeed Child Development Fund Inc ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 74% of the total. Other salaries and wages came to $149k. At year end it held assets of $197k against liabilities of $5,901, net assets of $192k. It reported 7 employees.