Kids Chance of New York Inc

Analysis

Kids Chance of New York Inc is a registered charity in United States, based in Amherst, NY. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kids Chance of New York Inc reported income of $65k and spending of $34k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $65k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 44% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kids Chance of New York Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Lorain County Medical Society Foundation Inc ($65k), African Childrens Ministry ($65k) and Sme East Fund Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.