Kid Side Inc

Analysis

Kid Side Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 2002, 24 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 Side Inc reported income of $289k and spending of $265k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $289k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kid Side Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include My Better Benefits ($289k), New Hampshire Electric Co-Op Foundation ($289k) and Each Inc ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $35k. It paid $45k in professional fundraising fees. At year end it held assets of $293k against liabilities of $0, net assets of $293k. It reported 2 employees.