A Plus Kidz Academy

Analysis

A Plus Kidz Academy is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, A Plus Kidz Academy reported income of $1.5m and spending of $1.7m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $1.5m (+478%), an average of +55% a year. The sharpest change came in the year to December 2021, when income rose by 1552%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Plus Kidz Academy 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 80th percentile within NY. Charities of a similar size with the same main cause include American Nicaraguan School ($1.5m), Oconnell High School Foundation ($1.5m) and Roxbury Presbyterian Church Social Impact Center Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $213k (13% of expenses). Other salaries and wages came to $449k. At year end it held assets of $423k against liabilities of $335k, net assets of $88k.