College Care for Kids

Analysis

College Care for Kids is a registered charity in United States, based in Devils Lake, ND. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, College Care for Kids reported income of $289k and spending of $320k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $289k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, College Care for Kids sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 56th percentile within ND. Charities of a similar size with the same main cause include Claras Hope ($289k), Loving Arms Child Development Center Inc ($289k) and Richmond Christmas Mother Committee Christmas Mother ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Other salaries and wages came to $219k. At year end it held assets of $111k against liabilities of $8,171, net assets of $103k. It reported 25 employees.