Kids in Concert

Analysis

Kids in Concert is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in February 2011, 15 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 December 2023, Kids in Concert reported income of $300k and spending of $407k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $300k (+89%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 349%. Over the whole period it spent 58% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kids in Concert sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Put Me in Inc ($300k), Child Evangelism Fellowship of Minnesota Inc ($300k) and Alpha Soccer Academy ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $45k (11% of expenses). At year end it held assets of $1.0m against liabilities of $8,621, net assets of $1.0m. It reported 27 employees.