Kidsgym USA Incorporated

Analysis

Kidsgym USA Incorporated is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kidsgym USA Incorporated reported income of $378k and spending of $395k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $378k (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kidsgym USA Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Imperial Volunteer Fire Department ($378k), Court Advocates for Children for Kittitas Co ($378k) and Lilac City Figure Skating Club ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $2,000 (0.5% of expenses). At year end it held assets of $344k against liabilities of $325k, net assets of $19k. It reported 1 employees.