Childrens Alopecia Project

Analysis

Childrens Alopecia Project is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Childrens Alopecia Project reported income of $227k and spending of $227k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $318k to $227k (-29%), an average of -6.5% a year. The sharpest change came in the year to June 2020, when income dropped by 37%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Childrens Alopecia Project sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Kiwanis Club of Anacortes Wa Foundation ($227k), Texas Christian Foundation ($227k) and Red Hot Organization Inc ($227k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 50% of the total. Other salaries and wages came to $81k. At year end it held assets of $52k against liabilities of $22k, net assets of $31k. It reported 2 employees.