Kids Central Inc

Analysis

Kids Central Inc is a registered charity in United States, based in Norton, VA. It received its IRS tax-exemption ruling in August 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Kids Central Inc reported income of $5.9m and spending of $5.5m, spending 93% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $4.3m to $5.9m (+36%), an average of +8.1% a year. The sharpest change came in the year to May 2023, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Central Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VA. Charities of a similar size with the same main cause include Dakota State University Foundation ($5.9m), Mater Academy of Northern Nevada ($5.9m) and American Heritage Charter School ($5.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $2.1m against liabilities of $1.1m, net assets of $982k. It reported 101 employees.