US Kids Child Development Center Inc
Analysis
US Kids Child Development Center Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1990, 36 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 August 2023, US Kids Child Development Center Inc reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.3m to $1.0m (-24%), an average of -6.7% a year. The sharpest change came in the year to August 2021, when income rose by 46%. Over the whole period it spent 93% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, US Kids Child Development Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 55th percentile within DC. Charities of a similar size with the same main cause include Elderhouse Inc ($1.0m), Ohio County & Independent Agricultural Societies ($1.0m) and Meals-On-Wheels Delaware Inc ($1.0m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 5.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $91k (9.0% of expenses). Other salaries and wages came to $635k. At year end it held assets of $938k against liabilities of $118k, net assets of $820k. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.7%
- Program services 91%
- Other 3.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Elderhouse Inc | Norwalk | $1.0m |
| Ohio County & Independent Agricultural Societies | New Lexington | $1.0m |
| Meals-On-Wheels Delaware Inc | Wilmington | $1.0m |
| Rock Rapids Kids Club Inc | Rock Rapids | $1.0m |