Empowering Kids Perham
Analysis
Empowering Kids Perham is a registered charity in United States, based in Perham, MN. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover human services, 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 2023, Empowering Kids Perham reported income of $1.3m and spending of $1.3m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $310k to $1.3m (+312%), an average of +42% a year. The sharpest change came in the year to June 2021, when income rose by 391%. Over the whole period it spent 80% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Empowering Kids Perham sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Hollys House Inc ($1.3m), Meals on Wheels of Polk County Inc ($1.3m) and Childrens Home of Cleveland County Inc ($1.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $160k (12% of expenses). Other salaries and wages came to $597k. At year end it held assets of $1.7m against liabilities of $543k, net assets of $1.2m. It reported 28 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 76%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hollys House Inc | Evansville | $1.3m |
| Meals on Wheels of Polk County Inc | Winter Haven | $1.3m |
| Childrens Home of Cleveland County Inc | Shelby | $1.3m |
| University Community Childcare Inc | Ames | $1.3m |