Kidworks Community Development Corporation

Analysis

Kidworks Community Development Corporation is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in July 2003, 23 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 2024, Kidworks Community Development Corporation reported income of $4.4m and spending of $4.2m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.0m to $4.4m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kidworks Community Development Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Childrens Fund Incorporated ($4.4m), Building on Dreams ($4.4m) and Manchester Early Learning Center Inc ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 102% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $266k (6.3% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $9.8m against liabilities of $1.0m, net assets of $8.8m. It reported 53 employees.