Rocky Mountain Kids Inc

Analysis

Rocky Mountain Kids Inc is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rocky Mountain Kids Inc reported income of $2.2m and spending of $2.3m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.2m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rocky Mountain Kids Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Food Connects ($2.2m), Rappahannock Area Agency on Aging Inc ($2.2m) and Enriched Living LLC ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $259k (11% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $815k against liabilities of $478k, net assets of $337k. It reported 59 employees.