Kiddy Karrousal Inc

Analysis

Kiddy Karrousal Inc is a registered charity in United States, based in Fayette, MS. It received its IRS tax-exemption ruling in June 1999, 27 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 2023, Kiddy Karrousal Inc reported income of $516k and spending of $650k, spending 126% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $229k to $516k (+125%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kiddy Karrousal Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MS. Charities of a similar size with the same main cause include Abilene Classical Academy ($516k), American Friends of Meorot Yerushalayim Inc ($516k) and Greater Dalton Chamber Foundation Inc ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $88k (14% of expenses). Other salaries and wages came to $275k. At year end it held assets of $82k against liabilities of $163k, net assets of -$80k.