Kids Place Inc

Analysis

Kids Place Inc is a registered charity in United States, based in Mascot, TN. It received its IRS tax-exemption ruling in June 1995, 31 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 July 2023, Kids Place Inc reported income of $4.6m and spending of $3.8m, spending 84% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $2.7m to $4.6m (+69%), an average of +19% a year. The sharpest change came in the year to July 2021, when income rose by 108%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids Place Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include The Young Mens Christian Assoc of Sidney and Shelby County ($4.6m), Supportive Housing Coalition of New Mexico ($4.6m) and Hope Farm Inc ($4.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $2.2m (58% of expenses). Other salaries and wages came to $145k. At year end it held assets of $7.1m against liabilities of $547, net assets of $7.1m.