Kidz Academy Inc

Analysis

Kidz Academy Inc is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kidz Academy Inc reported income of $468k and spending of $445k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $297k to $468k (+58%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 138%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kidz Academy Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Rebuilding Broken Places Community Development Corporation ($468k), Afopey ($468k) and Ohr Shmuel Inc ($468k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $118k (26% of expenses). Other salaries and wages came to $135k. At year end it held assets of $12k against liabilities of $60k, net assets of -$48k.