Happy Kids Daycare & Preschool Inc

Analysis

Happy Kids Daycare & Preschool Inc is a registered charity in United States, based in Fort Scott, KS. It received its IRS tax-exemption ruling in July 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, Happy Kids Daycare & Preschool Inc reported income of $508k and spending of $534k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $219k to $508k (+132%), an average of +132% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Happy Kids Daycare & Preschool Inc 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 70th percentile, and in the 71st percentile within KS. Charities of a similar size with the same main cause include Cove Center for Grieving Children Inc ($508k), Is-Able Ministries ($508k) and Merry Manor School of Childhood Inc ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $132k (25% of expenses). Other salaries and wages came to $204k. At year end it held assets of $107k against liabilities of $6,069, net assets of $101k. It reported 32 employees.