Kiddie Science Inc

Analysis

Kiddie Science Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kiddie Science Inc reported income of $111k and spending of $117k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $111k (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kiddie Science Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Venice High School Foundation ($111k), North Augusta Senior High Boosters ($111k) and Alisas Angels Foundation ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $178k against liabilities of $115k, net assets of $63k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.