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Strategies for Children Inc

RegisteredEIN 04-3551406Boston, MAEducation and training
Income$1.4m2024-06
Spending$902ksame year
Spent / received73%6-year average
Size in its cause79th pctEducation and training
Exempt since2001Publicly supported organisat
Employees5latest return

Analysis

Strategies for Children Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Strategies for Children Inc reported income of $1.4m and spending of $902k, leaving 34% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $320k to $1.4m (+326%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 89%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Strategies for Children Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include The Side-Out Foundation ($1.4m), Hanlin Foundation ($1.4m) and Village Learning Place Inc ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $285k (32% of expenses). Other salaries and wages came to $231k. At year end it held assets of $2.0m against liabilities of $88k, net assets of $1.9m. It reported 5 employees.

Income and spending

$0$340k$681k$1.0m$1.4m2019 Income: $319,9282019 Spending: $441,40620192020 Income: $474,3282020 Spending: $448,75020202021 Income: $655,6782021 Spending: $540,21520212022 Income: $1,239,8482022 Spending: $583,36320222023 Income: $995,0752023 Spending: $782,93820232024 Income: $1,361,5052024 Spending: $901,5172024
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 0.2%
  • Other 1.7%

Similar-sized charities, same cause

CharityLocationIncome
The Side-Out FoundationFairfax$1.4m
Hanlin FoundationBelmont$1.4m
Village Learning Place IncBaltimore$1.4m
Muthusami Paravel FoundationNaperville$1.4m