Kids Chance Inc

Analysis

Kids Chance Inc is a registered charity in United States, based in Gastonia, NC. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Chance Inc reported income of $61k and spending of $62k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $61k (+4.2%), an average of +4.2% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Chance Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Center for a New Culture ($61k), Chicago Jewish Day School Endowment Foundation ($61k) and Wade Hampton Football Booster Club ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $274k against liabilities of $734, net assets of $273k.