Kidzone Inc
Analysis
Kidzone Inc is a registered charity in United States, based in Warren, MN. It received its IRS tax-exemption ruling in May 2015, 11 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, Kidzone Inc reported income of $322k and spending of $359k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $322k (+5.3%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Kidzone Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Loretta K Vogt Char TR ($322k), Islands Oil Spill Association ($322k) and Scattergood Friends School Foundation ($322k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $275k. At year end it held assets of $323k against liabilities of $257k, net assets of $66k. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 81%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Loretta K Vogt Char TR | Sheboygan | $322k |
| Islands Oil Spill Association | Friday Harbor | $322k |
| Scattergood Friends School Foundation | West Branch | $322k |
| Project Second Chance | Concord | $322k |