Kids Meals Inc

Analysis

Kids Meals Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1991, 35 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, Kids Meals Inc reported income of $14.0m and spending of $7.4m, leaving 47% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.9m to $14.0m (+389%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 137%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids Meals 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 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Seniors First Inc ($14.0m), Homeownership Preservation Foundation ($14.1m) and Iris Family Support Center Inc ($14.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $612k (8.2% of expenses). Other salaries and wages came to $1.8m. It paid $144k in professional fundraising fees. At year end it held assets of $29.0m against liabilities of $552k, net assets of $28.5m. It reported 61 employees.