Childrens Home of Poughkeepsie Ny

Analysis

Childrens Home of Poughkeepsie Ny is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in January 1943, 83 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Poughkeepsie Ny reported income of $27.0m and spending of $25.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.9m to $27.0m (+60%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home of Poughkeepsie Ny sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Ascension Living Alexian Village Tennesee ($27.0m), Leader Dogs for the Blind ($27.0m) and Feeding the Valley Inc ($27.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $782k (3.1% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $24.5m against liabilities of $5.3m, net assets of $19.3m. It reported 347 employees.