Kiddie Kare Ministry and Preschool Co

Analysis

Kiddie Kare Ministry and Preschool Co is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in June 2020, 6 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 Kare Ministry and Preschool Co reported income of $338k and spending of $379k, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $209k to $338k (+62%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kiddie Kare Ministry and Preschool Co sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within IN. Charities of a similar size with the same main cause include St John Paul II Independent School Inc ($338k), Help 2 Others Foundation ($338k) and Parkway Alumni Association ($338k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $162k (43% of expenses). Other salaries and wages came to $32k. It paid $1,450 in professional fundraising fees. At year end it held assets of $60k against liabilities of $122k, net assets of -$63k. It reported 5 employees.

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.