Childrens Village Inc

Analysis

Childrens Village Inc is a registered charity in United States, based in Dobbs Ferry, NY. It received its IRS tax-exemption ruling in December 1926, 100 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 2023, Childrens Village Inc reported income of $143.4m and spending of $146.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $109.6m to $143.4m (+31%), an average of +6.9% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Village Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Ezer Mizion ($142.3m), Presbyterian Retirement Communities Northwest ($143.4m) and Center for Human Development Inc ($142.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $998k (0.7% of expenses). Other salaries and wages came to $83.4m. At year end it held assets of $89.7m against liabilities of $67.5m, net assets of $22.2m. It reported 1,821 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.