The Childrens Aid Society

Analysis

The Childrens Aid Society is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1920, 106 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, The Childrens Aid Society reported income of $173.2m and spending of $167.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $118.0m to $173.2m (+47%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Childrens Aid Society 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 100th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Maniilaq Association ($171.6m), Merakey Allegheny Valley School ($173.4m) and Farm Share Inc ($170.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $1.6m (1.0% of expenses). Other salaries and wages came to $85.7m. At year end it held assets of $531.0m against liabilities of $137.7m, net assets of $393.3m. It reported 2,296 employees.