Kidspire

Analysis

Kidspire is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in March 1994, 32 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 May 2024, Kidspire reported income of $781k and spending of $645k, spending 83% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $908k to $781k (-14%), an average of -3.0% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kidspire sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OR. Charities of a similar size with the same main cause include Scioto Christian Ministry Inc ($781k), Reach of Cherokee County Inc ($781k) and Operation Healing Heroes Foundation NFP ($781k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $108k (17% of expenses). Other salaries and wages came to $234k. At year end it held assets of $1.1m against liabilities of $205k, net assets of $897k. It reported 5 employees.