Computers4kids

Analysis

Computers4kids is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in October 2000, 26 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 June 2023, Computers4kids reported income of $818k and spending of $670k, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $567k to $818k (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 70% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Computers4kids sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Icing Smiles ($818k), Children and Screens-Institute of Digital Media and Child Developmen ($818k) and Greater Miami Boys Clubs Foundation Inc ($817k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $95k (14% of expenses). Other salaries and wages came to $214k. At year end it held assets of $1.7m against liabilities of $374k, net assets of $1.4m. It reported 9 employees.