Kids Boost Inc

Analysis

Kids Boost Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kids Boost Inc reported income of $150k and spending of $172k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $150k (-40%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kids Boost Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Silicon Valley Community Sports Association ($150k), African Youth Advocate ($150k) and Louisiana 4-H Foundation ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $83k (48% of expenses). Other salaries and wages came to $28k. At year end it held assets of $234k against liabilities of $2,510, net assets of $231k. It reported 2 employees.