Kids in Need of McHenry County

Analysis

Kids in Need of McHenry County is a registered charity in United States, based in Crystal Lake, IL. It received its IRS tax-exemption ruling in February 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kids in Need of McHenry County reported income of $345k and spending of $368k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $304k to $345k (+14%), an average of +14% a year. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kids in Need of McHenry County sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Deb Project Deserving Enriched & Blessed ($345k), Tillamook Police Cadet Association ($345k) and Joshua and Caleb Leadership Centre of Xcellence JCLCX ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $44k (12% of expenses). Other salaries and wages came to $52k. At year end it held assets of $158k against liabilities of $0, net assets of $158k. It reported 4 employees.