Kids Chance of Massachusetts Inc

Analysis

Kids Chance of Massachusetts Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, Kids Chance of Massachusetts Inc reported income of $154k and spending of $49k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $154k (+69%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Chance of Massachusetts Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Balanced Rock Foundation ($153k), Fulton Public Schools Foundation ($154k) and Ithan Elementary PTO Inc ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $262k against liabilities of $224, net assets of $262k.