Kids of Excellence - 2

Analysis

Kids of Excellence - 2 is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, Kids of Excellence - 2 reported income of $1.2m and spending of $1.3m, spending 110% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $605k to $1.2m (+95%), an average of +18% a year. The sharpest change came in the year to July 2022, when income rose by 71%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids of Excellence - 2 sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within LA. Charities of a similar size with the same main cause include Options for Women Pregnancy Help Clinic Inc ($1.2m), Hannan ($1.2m) and North Carolina Families United ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $132k (10% of expenses). Other salaries and wages came to $565k. At year end it held assets of $371k against liabilities of $181k, net assets of $190k. It reported 24 employees.