Kidco Creative Learning Inc

Analysis

Kidco Creative Learning Inc is a registered charity in United States, based in Hialeah, FL. It received its IRS tax-exemption ruling in September 1991, 35 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 June 2023, Kidco Creative Learning Inc reported income of $5.3m and spending of $5.1m, spending 97% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $3.2m to $5.3m (+65%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kidco Creative Learning Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Umh Management Services Corp ($5.3m), Kinder Quest ($5.3m) and The Concilio ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $7.7m against liabilities of $2.5m, net assets of $5.2m. It reported 75 employees.