Tech Kids Unlimited

Analysis

Tech Kids Unlimited is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Tech Kids Unlimited reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $654k to $1.2m (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tech Kids Unlimited sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Bridge Teen Center NFP ($1.2m), Little Buddies Adoption and Humane Society ($1.2m) and Alameda Boys and Girls Club Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $135k (13% of expenses). Other salaries and wages came to $574k. At year end it held assets of $1.4m against liabilities of $47k, net assets of $1.4m. It reported 47 employees.