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Childrens Investment Fund Inc

RegisteredEIN 04-3105358Boston, MAGrant-making and general purposes
Income$1.9m2024-06
Spending$2.3msame year
Spent / received72%5-year average
Size in its cause87th pctGrant-making and general purposes
Exempt since2019Publicly supported organisat
Employees0latest return

Analysis

Childrens Investment Fund Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2019, 7 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 Investment Fund Inc reported income of $1.9m and spending of $2.3m, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $832k to $1.9m (+128%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 105%. Over the whole period it spent 72% 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 Investment Fund Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Mount Baker Scholarship Foundation ($1.9m), Trinity Horizons Inc ($1.9m) and Hartsprings Foundation Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 4.4% of the total. At year end it held assets of $8.0m against liabilities of $1.0m, net assets of $7.0m.

Income and spending

$0$583k$1.2m$1.7m$2.3m2020 Income: $832,1972020 Spending: $723,90120202021 Income: $1,086,7302021 Spending: $714,32420212022 Income: $2,227,5322022 Spending: $818,00420222023 Income: $1,965,9502023 Spending: $1,218,21920232024 Income: $1,898,3652024 Spending: $2,331,1512024
IncomeSpending

Where the income comes from

  • Contributions & grants 78%
  • Program services 4.4%
  • Other 17%

Similar-sized charities, same cause

CharityLocationIncome
Mount Baker Scholarship FoundationDeming$1.9m
Trinity Horizons IncLafayette$1.9m
Hartsprings Foundation IncW Springfield$1.9m
International Dark Sky Discovery Center IncFountain HLS$1.9m