Cullman Caring for Kids Inc

Analysis

Cullman Caring for Kids Inc is a registered charity in United States, based in Cullman, AL. It received its IRS tax-exemption ruling in July 1991, 35 years ago. 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, Cullman Caring for Kids Inc reported income of $1.1m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $602k to $1.1m (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cullman Caring for Kids Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include The Minnesota Daily ($1.1m), Avon Park Community Child Development Center Inc ($1.1m) and S S C Progression Corp ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $64k (6.1% of expenses). Other salaries and wages came to $177k. At year end it held assets of $592k against liabilities of $4,996, net assets of $587k. It reported 11 employees.