Fiver Childrens Foundation Inc

Analysis

Fiver Childrens Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 January 2024, Fiver Childrens Foundation Inc reported income of $2.9m and spending of $2.7m, spending 94% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $2.2m to $2.9m (+28%), an average of +6.4% a year. The sharpest change came in the year to January 2023, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fiver Childrens Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Credible Messenger Mentoring Movement ($2.9m), Childrens Cancer Partners of the Carolinas Inc ($2.9m) and Ach Clear Pathways ($2.9m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $256k (9.5% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $6.0m against liabilities of $1.8m, net assets of $4.2m. It reported 109 employees.