Kids Place Laurelhurst

Analysis

Kids Place Laurelhurst is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kids Place Laurelhurst reported income of $200k and spending of $209k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $210k to $200k (-5.1%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Place Laurelhurst sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Religious Coalition for a Nonviolent Durham Inc ($200k), Teachaapi ($200k) and Germantown Education Foundation ($200k).

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 $149k (71% of expenses). Other salaries and wages came to $810. At year end it held assets of $40k against liabilities of $0, net assets of $40k.