Kkids Inc

Analysis

Kkids Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in September 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Kkids Inc reported income of $183k and spending of $183k, spending 100% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $47k to $183k (+292%), an average of +292% a year. The sharpest change came in the year to December 2022, when income rose by 292%. Over the whole period it spent 120% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kkids Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Valley Youth Network ($183k), Heartbeats for Patches Inc ($183k) and The Yes Foundation of White Center ($183k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,947 against liabilities of $81k, net assets of -$78k.