Kids Place at Sequoyah Inc

Analysis

Kids Place at Sequoyah Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in April 1996, 30 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 June 2024, Kids Place at Sequoyah Inc reported income of $479k and spending of $440k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $253k to $479k (+89%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Place at Sequoyah Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Restorative Center Inc ($479k), The Andrew K Dwyer Foundation ($479k) and Valley Christian School Inc ($479k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $58k (13% of expenses). Other salaries and wages came to $229k. At year end it held assets of $207k against liabilities of $3,732, net assets of $203k. It reported 40 employees.