Kids House of Learning Inc

Analysis

Kids House of Learning Inc is a registered charity in United States, based in Gretna, LA. It received its IRS tax-exemption ruling in March 2010, 16 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 December 2022, Kids House of Learning Inc reported income of $1.6m and spending of $1.4m, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $344k to $1.6m (+364%), an average of +67% a year. The sharpest change came in the year to December 2021, when income rose by 545%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids House of Learning Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include The Arc of the Chattahoochee Valley Inc ($1.6m), Positive Maturity Inc ($1.6m) and Cattlemens Days Inc ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $190k (13% of expenses). Other salaries and wages came to $560k. At year end it held assets of $916k against liabilities of $0, net assets of $916k. It reported 23 employees.