Top Secret Kids Corporation

Analysis

Top Secret Kids Corporation is a registered charity in United States, based in Chelmsford, MA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Top Secret Kids Corporation reported income of $404k and spending of $398k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $309k to $404k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Top Secret Kids Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Envision Greater Fond du Lac Foundation Inc ($404k), Open Up ($404k) and Sustain Hawaii ($404k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $80k (20% of expenses). At year end it held assets of $22k against liabilities of $0, net assets of $22k.