Kids in Tech

Analysis

Kids in Tech is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Kids in Tech reported income of $58k and spending of $61k, spending 105% of what it took in. Across the 4 years on record, from May 2021 to June 2023, income fell from $224k to $58k (-74%), an average of -36% a year. The sharpest change came in the year to May 2022, when income rose by 144%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids in Tech sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Westmoreland County Coaches Association Incorporated ($58k), Center for Learning and Living Inc ($58k) and Childrens Reading Connection ($58k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $20k. At year end it held assets of $518k against liabilities of $105k, net assets of $413k.