Christmas for Kids of Kentucky Inc

Analysis

Christmas for Kids of Kentucky Inc is a registered charity in United States, based in Paintsville, KY. It received its IRS tax-exemption ruling in May 2022, 4 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 December 2023, Christmas for Kids of Kentucky Inc reported income of $74k and spending of $67k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $74k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christmas for Kids of Kentucky Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within KY. Charities of a similar size with the same main cause include Heartland Childrens Home Inc ($74k), Scatterjoy Inc ($74k) and Cambria County Senior Centers ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.