Kids Company Inc

Analysis

Kids Company Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kids Company Inc reported income of $84k and spending of $120k, spending 143% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $317k to $84k (-74%), an average of -74% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Company Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MS. Charities of a similar size with the same main cause include Parent Booster USA Inc ($84k), Joseph Ferriso Memorial Scholarship Fund Inc ($84k) and Laborers Local 270 Scholarship Committee ($84k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $37k. At year end it held assets of $27k against liabilities of $7,180, net assets of $20k. It reported 4 employees.