Heavenly Kids Inc

Analysis

Heavenly Kids Inc is a registered charity in United States, based in Ponce, PR. It received its IRS tax-exemption ruling in August 2008, 18 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, Heavenly Kids Inc reported income of $1.1m and spending of $571k, leaving 46% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $349k to $1.1m (+206%), an average of +45% a year. The sharpest change came in the year to June 2023, when income rose by 176%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heavenly Kids Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 72nd percentile within PR. Charities of a similar size with the same main cause include Runway of Dreams Foundation ($1.1m), Abc Counseling & Family Services Inc ($1.1m) and Single Mothers Outreach Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $387k. At year end it held assets of $543k against liabilities of $20k, net assets of $522k. It reported 22 employees.