Kinetic Kids Inc

Analysis

Kinetic Kids Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Kinetic Kids Inc reported income of $1.9m and spending of $1.7m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.9m (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kinetic Kids Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Pegasus Farm ($1.9m), Athletes Serving Athletes Inc ($1.9m) and Inland Youth Soccer Education Program ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $288k (17% of expenses). Other salaries and wages came to $463k. At year end it held assets of $1.3m against liabilities of $159k, net assets of $1.2m. It reported 12 employees.