The Childrens Guild Foundation Inc

Analysis

The Childrens Guild Foundation Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 1958, 68 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, The Childrens Guild Foundation Inc reported income of $653k and spending of $910k, spending 139% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $471k to $653k (+39%), an average of +8.5% a year. The sharpest change came in the year to August 2021, when income rose by 281%. Over the whole period it spent 128% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Childrens Guild Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Jewish Caring Network Gevuras Yarden Inc ($652k), Randolph County Veterans Shelter Inc ($653k) and Foundation for Vision Research ($652k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 7.7% of the total. Compensation of current officers, directors and key employees was $158k (17% of expenses). Other salaries and wages came to $33k. At year end it held assets of $16.7m against liabilities of $432k, net assets of $16.3m. It reported 3 employees.