Kids Upstate

Analysis

Kids Upstate is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in December 1988, 38 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, Kids Upstate reported income of $5.2m and spending of $5.4m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $5.2m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kids Upstate sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include Girl Scouts Western Oklahoma Inc ($5.2m), Salesian Boys Club Inc ($5.2m) and Boys and Girls Club of Lansing ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $256k (4.7% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $5.0m against liabilities of $371k, net assets of $4.7m. It reported 334 employees.