Childfund Alliance
Analysis
Childfund Alliance is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Childfund Alliance reported income of $1.8m and spending of $1.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $1.8m (-7.3%), an average of -1.9% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 98% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Childfund Alliance sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Operation Bootstrap-Africa ($1.8m), The Vandenberg Coalition Inc ($1.8m) and Multifaith Alliance Inc ($1.8m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $189k (10% of expenses). Other salaries and wages came to $841k. At year end it held assets of $489k against liabilities of $145k, net assets of $343k. It reported 6 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Operation Bootstrap-Africa | Minneapolis | $1.8m |
| The Vandenberg Coalition Inc | Washington | $1.8m |
| Multifaith Alliance Inc | New York | $1.8m |
| Holy Land Missions | Springfield | $1.8m |