Electric Kids Inc

Analysis

Electric Kids Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Electric Kids Inc reported income of $156k and spending of $74k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $157k to $156k (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2023, when income rose by 543%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Electric Kids Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within GA. Charities of a similar size with the same main cause include Alabama Asset Building Coalition ($156k), Fish of Laurel Inc ($156k) and Southwest Veterans Foundation LLC ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.