Kids Castle Child Care Center

Analysis

Kids Castle Child Care Center is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in August 1995, 31 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 December 2023, Kids Castle Child Care Center reported income of $1.5m and spending of $1.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kids Castle Child Care Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include The Christian Help Center of Person County ($1.5m), Jessie Hopkins Hinchee Foundation ($1.5m) and Good Samaritan Ministries Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $183k (13% of expenses). Other salaries and wages came to $617k. At year end it held assets of $61k against liabilities of $50k, net assets of $11k. It reported 21 employees.