Kids Chance of Michigan Inc

Analysis

Kids Chance of Michigan Inc is a registered charity in United States, based in Troy, MI. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kids Chance of Michigan Inc reported income of $148k and spending of $159k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $148k (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kids Chance of Michigan Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Living Water Foundation ($148k), Nile Foundation Inc ($149k) and Friends of the Elysian Charter School of Hoboken Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.