Klassic Kidz Inc

Analysis

Klassic Kidz Inc is a registered charity in United States, based in Pine Bluff, AR. It received its IRS tax-exemption ruling in November 2001, 25 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, Klassic Kidz Inc reported income of $877k and spending of $840k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $877k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Klassic Kidz Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within AR. Charities of a similar size with the same main cause include Urban Community Alliance Inc ($877k), Pediatric Development Center Inc ($877k) and National Debt Management Inc ($877k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $21k (2.5% of expenses). Other salaries and wages came to $553k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 64 employees.