Kind Hearts for Kids

Analysis

Kind Hearts for Kids is a registered charity in United States, based in Sagamore BCH, MA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Kind Hearts for Kids reported income of $125k and spending of $111k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $40k to $125k (+211%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 233%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kind Hearts for Kids sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Toho Marine Fishing Inc ($125k), Pro Player Foundation ($125k) and PTO Massachusetts Parent-Teacher Runkle School PTO ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $12k. At year end it held assets of $56k against liabilities of $0, net assets of $56k. It reported 1 employees.