Care for Kids Inc

Analysis

Care for Kids Inc is a registered charity in United States, based in McMinnville, OR. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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, Care for Kids Inc reported income of $319k and spending of $332k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $319k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Care for Kids Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OR. Charities of a similar size with the same main cause include Kids Plus Inc ($319k), Sublime Adult Residential Services Inc ($319k) and Washington Metropolitan Tamil Congregation Indians for Christ ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $37k (11% of expenses). Other salaries and wages came to $220k. At year end it held assets of $259k against liabilities of $0, net assets of $259k. It reported 26 employees.