Tagalog Kids Inc

Analysis

Tagalog Kids Inc is a registered charity in United States, based in S Pasadena, CA. It received its IRS tax-exemption ruling in September 2016, 10 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 2023, Tagalog Kids Inc reported income of $189k and spending of $228k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $461k to $189k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 63% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tagalog Kids Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Pennsylvania High School Rodeo Association Inc ($189k), Vermilion County Fair & Exposition ($189k) and Christopher Dailey Foundation ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $243k against liabilities of $0, net assets of $243k.