Congregations for Kids

Analysis

Congregations for Kids is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2022, Congregations for Kids reported income of $646k and spending of $521k, spending 81% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $331k to $646k (+95%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 60%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Congregations for Kids sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Cure Thrift Inc ($646k), Bainbridge Youth Services ($646k) and I Am You 360 ($646k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 48% and program service revenue 63% of the total. Other salaries and wages came to $211k. At year end it held assets of $989k against liabilities of $22k, net assets of $967k. It reported 4 employees.