Kidspak

Analysis

Kidspak is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 2023, Kidspak reported income of $1.1m and spending of $489k, leaving 56% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $282k to $1.1m (+290%), an average of +290% a year. The sharpest change came in the year to June 2023, when income rose by 290%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kidspak sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Dominion Family Services Inc ($1.1m), Tenderlove Community Center ($1.1m) and Center for Family Excellence Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (3.3% of expenses). It paid $44k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $491k, net assets of $924k.