Enrich Kids Now

Analysis

Enrich Kids Now is a registered charity in United States, based in Ellenwood, GA. It received its IRS tax-exemption ruling in November 2018, 8 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, Enrich Kids Now reported income of $383k and spending of $570k, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $280k to $383k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 132% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Enrich Kids Now sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Bright Beginnings Academy ($383k), Robert Ahern Scholarship Trust ($383k) and Educate2envision International ($383k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $27k (4.8% of expenses). Other salaries and wages came to $282k. At year end it held assets of $16k against liabilities of $0, net assets of $16k.