Give Kids the World Inc

Analysis

Give Kids the World Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in October 1986, 40 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 June 2023, Give Kids the World Inc reported income of $70.2m and spending of $67.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $64.6m to $70.2m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Give Kids the World Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Healthlinc Inc ($69.9m), Citizens Options Unlimited Inc ($71.0m) and Presbyterian Community Hospital Inc ($69.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $1.1m (1.7% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $128.3m against liabilities of $1.6m, net assets of $126.7m. It reported 242 employees.