Salem Childrens Charity

Analysis

Salem Childrens Charity is a registered charity in United States, based in Salem, MA. It received its IRS tax-exemption ruling in September 2011, 15 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 March 2024, Salem Childrens Charity reported income of $64k and spending of $75k, spending 118% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income grew from $49k to $64k (+31%), an average of +9.3% a year. The sharpest change came in the year to March 2022, when income rose by 53%. 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, Salem Childrens Charity sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include St John Senior Citizen Fellowship ($64k), Building Essential Skills Together Inc ($64k) and Snell Family Foundation Inc ($64k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.