Kids Place a Place for Kids to Be II Inc

Analysis

Kids Place a Place for Kids to Be II Inc is a registered charity in United States, based in Beacon, NY. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Kids Place a Place for Kids to Be II Inc reported income of $704k and spending of $718k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $412k to $704k (+71%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Place a Place for Kids to Be II Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Nathanael Greene Academy Inc ($704k), Huntsville Baptist Institute Inc ($704k) and Al Manara Academy ($704k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $95k (13% of expenses). Other salaries and wages came to $267k. At year end it held assets of $186k against liabilities of $116k, net assets of $70k. It reported 24 employees.