Invest in Kids

Analysis

Invest in Kids is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 1998, 28 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 June 2024, Invest in Kids reported income of $5.6m and spending of $6.2m, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.2m to $5.6m (+75%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Invest in Kids sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Jewish Big Brothers Big Sisters Association of Los Angeles ($5.6m), Change Summer Inc ($5.6m) and Childrens Funding Project ($5.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $199k (3.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $2.9m against liabilities of $1.1m, net assets of $1.8m. It reported 32 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.