Best Kids Inc

Analysis

Best Kids Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Best Kids Inc reported income of $988k and spending of $874k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $847k to $988k (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Best Kids Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 54th percentile within DC. Charities of a similar size with the same main cause include Lead Collective Inc ($987k), Youth for Christ USA Inc ($988k) and T R a I L S Minisitries Inc ($987k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $135k (15% of expenses). Other salaries and wages came to $468k. At year end it held assets of $796k against liabilities of $404k, net assets of $393k. It reported 14 employees.