Joes Kids Inc

Analysis

Joes Kids Inc is a registered charity in United States, based in Warsaw, IN. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Joes Kids Inc reported income of $3.2m and spending of $1.8m, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $3.2m (+217%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Joes Kids Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within IN. Charities of a similar size with the same main cause include Harleysville Area Emergency Medical Service Inc ($3.2m), Regional Counseling Center Inc ($3.2m) and Lawrence County Drug and Alcohol Commission Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $114k (6.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.6m against liabilities of $901k, net assets of $1.7m. It reported 32 employees.