Kid Pack Inc

Analysis

Kid Pack Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2024, Kid Pack Inc reported income of $1.5m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $968k to $1.5m (+58%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kid Pack Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Nexus Foundation for Family Healing ($1.5m), Seeds of Substance ($1.5m) and Georgetown Child Development Center ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $87k (5.8% of expenses). Other salaries and wages came to $167k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 7 employees.