Philly Kidz Initiative LLC

Analysis

Philly Kidz Initiative LLC is a registered charity in United States, based in Furlong, PA. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Philly Kidz Initiative LLC reported income of $1.3m and spending of $1.6m, spending 130% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $273k to $1.3m (+360%), an average of +66% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Philly Kidz Initiative LLC sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Work-Family Resource Center Inc ($1.3m), International Leadership Association ($1.3m) and Empower Her Network Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $35k against liabilities of $23k, net assets of $12k. It reported 57 employees.