Sjo Kids Inc

Analysis

Sjo Kids Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2020, 6 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 June 2023, Sjo Kids Inc reported income of $22.2m and spending of $23.9m, spending 107% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $23.6m to $22.2m (-6.1%), an average of -3.1% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sjo Kids Inc 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 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Stanford Youth Solutions ($22.2m), Camden County Partnership for Children Inc ($22.2m) and Scarc Inc ($22.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.2m (4.9% of expenses). Other salaries and wages came to $12.2m. At year end it held assets of $25.3m against liabilities of $3.2m, net assets of $22.1m. It reported 368 employees.