Kidango Inc

Analysis

Kidango Inc is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kidango Inc reported income of $105.4m and spending of $98.1m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $45.3m to $105.4m (+133%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kidango 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 Chapters Health System Inc ($105.2m), Chimes District of Columbia Inc ($105.5m) and Goodwin House Incorporated ($105.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $1.6m (1.6% of expenses). Other salaries and wages came to $56.3m. At year end it held assets of $42.1m against liabilities of $19.5m, net assets of $22.6m. It reported 742 employees.