Kims Open Door Inc

Analysis

Kims Open Door Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 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, Kims Open Door Inc reported income of $331k and spending of $297k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $331k (+87%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kims Open Door Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Branch to Hope Community Center ($331k), Tua Foundation Inc ($331k) and Dunedin Stirling Soccer Club Inc ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Other salaries and wages came to $20k. At year end it held assets of $87k against liabilities of $25k, net assets of $63k.