Kiddie Korral 2-0 Child Care Center and Early Learning Program

Analysis

Kiddie Korral 2-0 Child Care Center and Early Learning Program is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kiddie Korral 2-0 Child Care Center and Early Learning Program reported income of $1.3m and spending of $1.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $493k to $1.3m (+159%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kiddie Korral 2-0 Child Care Center and Early Learning Program sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within ND. Charities of a similar size with the same main cause include Virginia Rides ($1.3m), St Francis Foundation ($1.3m) and A Little Help ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. Compensation of current officers, directors and key employees was $135k (12% of expenses). Other salaries and wages came to $607k. At year end it held assets of $1.1m against liabilities of $518k, net assets of $544k. It reported 64 employees.