Kids Connect Charitable Fund

Analysis

Kids Connect Charitable Fund is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Connect Charitable Fund reported income of $591k and spending of $927k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $591k (-67%), an average of -24% a year. The sharpest change came in the year to December 2020, when income rose by 582%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kids Connect Charitable Fund 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 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Masonic Charities of Florida Inc ($591k), American Friends of Shimon Hatzadik ($591k) and Panhandle of Texas Lions Foundation Inc ($590k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $32k. At year end it held assets of $6.6m against liabilities of $293k, net assets of $6.3m.