Team Kids Inc

Analysis

Team Kids Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Team Kids Inc reported income of $455k and spending of $574k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $345k to $455k (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Team Kids Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Akeley Regional Community Center Inc ($455k), Harper for Kids ($456k) and Hireground ($455k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (12% of expenses). Other salaries and wages came to $234k. At year end it held assets of $232k against liabilities of $152k, net assets of $81k. It reported 14 employees.