Kind World Inc

Analysis

Kind World Inc is a registered charity in United States, based in Lakewood, NJ. 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Kind World Inc reported income of $2.3m and spending of $1.4m, leaving 39% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income fell from $2.6m to $2.3m (-12%), an average of -12% a year. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kind World 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 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Thrive Foundation ($2.3m), Covenant Academy ($2.3m) and Harbor School Corporation ($2.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.9% and program service revenue 90% of the total. Other salaries and wages came to $703k. At year end it held assets of $3.1m against liabilities of $282k, net assets of $2.8m. It reported 41 employees.