The Childrens Health Fund

Analysis

The Childrens Health Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1993, 33 years ago. 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 December 2023, The Childrens Health Fund reported income of $5.4m and spending of $7.3m, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.4m to $5.4m (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Childrens Health Fund sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Michigan Coalition to End Domestic and Sexual Violence ($5.4m), Dynamic Community Solutions ($5.4m) and Michigan Health Council ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $1.1m (15% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.6m against liabilities of $5.6m, net assets of -$995k. It reported 27 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.