Kids After Hours Child Care Centers

Analysis

Kids After Hours Child Care Centers is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, 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 December 2023, Kids After Hours Child Care Centers reported income of $12.0m and spending of $12.8m, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.6m to $12.0m (+643%), an average of +95% a year. The sharpest change came in the year to December 2021, when income rose by 377%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids After Hours Child Care Centers sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Arizona Retirement Centers Inc Sierra Winds Life Care Community ($12.0m), Exceptional Foresters Incorporated ($12.0m) and YMCA of Catawba Valley ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $66k (0.5% of expenses). At year end it held assets of $1.7m against liabilities of $2.3m, net assets of -$576k. It reported 520 employees.