My Kids Club

Analysis

My Kids Club is a registered charity in United States, based in Selma, NC. It received its IRS tax-exemption ruling in May 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, My Kids Club reported income of $1.7m and spending of $435k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $534k to $1.7m (+209%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 32% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, My Kids Club sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Camp Elso Incorporated ($1.7m), Athletes for Hope ($1.7m) and Boys and Girls Club of the Sandhills Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (14% of expenses). Other salaries and wages came to $232k. At year end it held assets of $3.8m against liabilities of $166k, net assets of $3.6m.