Kid One Transport System Inc

Analysis

Kid One Transport System Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kid One Transport System Inc reported income of $1.3m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.3m (-2.3%), an average of -0.6% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kid One Transport System Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within AL. Charities of a similar size with the same main cause include Senior Citizens Association in Florence County ($1.3m), Primeros Pasos Inc ($1.3m) and Praise Is What We Do Early Learning Christian Academy Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $144k (11% of expenses). Other salaries and wages came to $483k. At year end it held assets of $668k against liabilities of $266k, net assets of $402k. It reported 21 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.