Kidstlc Inc

Analysis

Kidstlc Inc is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in April 1971, 55 years ago. 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, Kidstlc Inc reported income of $27.2m and spending of $23.5m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.5m to $27.2m (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kidstlc Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KS. Charities of a similar size with the same main cause include Lebanon Valley Brethren Home ($27.2m), Sunrise Childrens Services Inc ($27.2m) and Hidalgo Medical Services ($27.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.1m (4.8% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $33.4m against liabilities of $8.9m, net assets of $24.5m. It reported 469 employees.