Computers for Children Inc

Analysis

Computers for Children Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Computers for Children Inc reported income of $1.4m and spending of $1.2m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $459k to $1.4m (+202%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 156%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Computers for Children Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Mountain Shadows Montessori School ($1.4m), Act for Women and Girls ($1.4m) and Greenwich Scholarship Association Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $113k (9.4% of expenses). Other salaries and wages came to $688k. At year end it held assets of $1.0m against liabilities of $187k, net assets of $825k. It reported 33 employees.