Therapy Solutions Childrens Services Inc

Analysis

Therapy Solutions Childrens Services Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Therapy Solutions Childrens Services Inc reported income of $580k and spending of $379k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $613k to $580k (-5.3%), an average of -1.4% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Therapy Solutions Childrens Services Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Norfolk Senior Citizens Center Inc ($580k), E a Resources Inc ($580k) and Project Night Night ($580k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $40k (10% of expenses). Other salaries and wages came to $224k. At year end it held assets of $518k against liabilities of $117k, net assets of $401k. It reported 16 employees.