TH Kids Inc

Analysis

TH Kids Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2020, 6 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 (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, TH Kids Inc reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $321k to $1.3m (+304%), an average of +42% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, TH Kids Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Community Foundation of Greene County Pennsylvania ($1.3m), Berkeley Community Scholars ($1.3m) and United Way of Grant County Indiana Inc ($1.3m).

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 $115k (8.6% of expenses). Other salaries and wages came to $91k. At year end it held assets of $677k against liabilities of $601k, net assets of $76k. It reported 8 employees.