Go Kids Inc

Analysis

Go Kids Inc is a registered charity in United States, based in Gilroy, CA. It received its IRS tax-exemption ruling in December 1978, 48 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 June 2024, Go Kids Inc reported income of $95.2m and spending of $93.8m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $26.0m to $95.2m (+266%), an average of +38% a year. The sharpest change came in the year to June 2021, when income rose by 87%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Go Kids Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include The Task Force for Global Health Inc ($95.1m), United States Veterans Initiative ($95.3m) and Greater Philadelphia Young Mens Christian Association ($94.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $2.8m (3.0% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $33.2m against liabilities of $28.2m, net assets of $5.1m. It reported 221 employees.