Child Dimensions Insurance Company

Analysis

Child Dimensions Insurance Company is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Child Dimensions Insurance Company reported income of $13.9m and spending of $152k, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.4m to $13.9m (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent -6.7% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Child Dimensions Insurance Company sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Habitiat for Humanity International Inc ($13.9m), Centers for New Horizons Inc ($13.9m) and Brooklyn Plaza Medical Center ($13.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 28% of the total. At year end it held assets of $41.6m against liabilities of $21.3m, net assets of $20.4m.