Childrens Home of Jefferson

Analysis

Childrens Home of Jefferson is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in May 1937, 89 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, Childrens Home of Jefferson reported income of $17.3m and spending of $17.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.8m to $17.3m (-8.1%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Home of Jefferson sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Project Re-Direct Inc ($17.3m), Food for Free Committee Inc ($17.3m) and YWCA Golden Gate Silicon Valley ($17.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $402k (2.4% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $23.2m against liabilities of $7.7m, net assets of $15.5m. It reported 224 employees.