Kid Spark Education

Analysis

Kid Spark Education is a registered charity in United States, based in San Diego, CA. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kid Spark Education reported income of $867k and spending of $794k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $867k (-17%), an average of -6.2% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kid Spark Education sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Tipp City Enrichment Program Inc ($867k), King Youth Foundation Inc ($867k) and Millicent Library ($867k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% of the total. Compensation of current officers, directors and key employees was $139k (18% of expenses). Other salaries and wages came to $176k. At year end it held assets of $2.0m against liabilities of $439k, net assets of $1.6m. It reported 13 employees.