Kulea Childcare Villages Inc

Analysis

Kulea Childcare Villages Inc is a registered charity in United States, based in Kyle, TX. It received its IRS tax-exemption ruling in April 2013, 13 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, Kulea Childcare Villages Inc reported income of $259k and spending of $263k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $259k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kulea Childcare Villages Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Coastal Therapeutic Riding Program ($259k), Daniels Place Inc ($259k) and The Montague County Carpenters Shop Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $45k (17% of expenses). At year end it held assets of $83k against liabilities of $1,600, net assets of $82k. It reported 3 employees.