National Institute for Childrens Health Quality Inc

Analysis

National Institute for Childrens Health Quality Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 2002, 24 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 December 2023, National Institute for Childrens Health Quality Inc reported income of $10.3m and spending of $10.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $10.3m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Institute for Childrens Health Quality Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Gatesway Foundation Inc ($10.3m), National Council of the United States Society of St Vincent de Pa ($10.3m) and Pace Community Action Agency Inc ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $703k (6.9% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $7.5m against liabilities of $1.6m, net assets of $5.9m. It reported 44 employees.