Childrens Home of Kingston

Analysis

Childrens Home of Kingston is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in January 1945, 81 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Home of Kingston reported income of $7.0m and spending of $7.6m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $7.0m (+3.6%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Home of Kingston 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 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Foundation for American Freedom ($7.0m), Two Rivers Head Start Agency ($7.0m) and League of Women Voters Education Fund ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $297k (3.9% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $6.0m against liabilities of $3.3m, net assets of $2.8m. It reported 109 employees.