Children of Restaurant Employees

Analysis

Children of Restaurant Employees is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in January 2006, 20 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 December 2023, Children of Restaurant Employees reported income of $1.2m and spending of $1.3m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $825k to $1.2m (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2020, when income rose by 317%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Children of Restaurant Employees sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Copline Inc ($1.2m), Services for Older Citizens Inc ($1.2m) and Auglaize County Council on Aging ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $159k (12% of expenses). Other salaries and wages came to $372k. At year end it held assets of $1.6m against liabilities of $22k, net assets of $1.6m. It reported 3 employees.