Healthy Kids Katering Service of Paterson Inc

Analysis

Healthy Kids Katering Service of Paterson Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2023, Healthy Kids Katering Service of Paterson Inc reported income of $162k and spending of $153k, spending 94% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $199k to $162k (-18%), an average of -6.5% a year. The sharpest change came in the year to June 2021, when income dropped by 20%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Healthy Kids Katering Service of Paterson Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Practical Rep Payee Services Inc ($162k), Anson Crisis Ministry ($162k) and Ranchers Ride Inc ($162k).

Compensation of current officers, directors and key employees was $12k (7.9% of expenses). Other salaries and wages came to $72k. At year end it held assets of $47k against liabilities of $46k, net assets of $248.