Children First Enterprises Inc

Analysis

Children First Enterprises Inc is a registered charity in United States, based in Granby, MA. It received its IRS tax-exemption ruling in November 2001, 25 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 June 2023, Children First Enterprises Inc reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.6m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Children First Enterprises Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Child Care Centers of Marshfield Inc ($1.6m), Bread & Roses Inc ($1.6m) and Yeshivas Beis Dovid Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $106k (7.3% of expenses). Other salaries and wages came to $829k. At year end it held assets of $3.6m against liabilities of $2.6m, net assets of $1.0m. It reported 34 employees.