Kindering Center

Analysis

Kindering Center is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in July 1965, 61 years ago. 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, Kindering Center reported income of $22.6m and spending of $25.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.6m to $22.6m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kindering Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include The Association of Illiana Christian High School of Indiana ($22.6m), Lesley Foundation ($22.6m) and Association of Social Work Boards ($22.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $242k (1.0% of expenses). Other salaries and wages came to $17.4m. At year end it held assets of $33.2m against liabilities of $7.2m, net assets of $26.0m. It reported 292 employees.