Serving Our Children Inc

Analysis

Serving Our Children Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2022, 4 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 September 2023, Serving Our Children Inc reported income of $20.1m and spending of $20.1m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $18.1m to $20.1m (+11%), an average of +2.7% a year. The sharpest change came in the year to September 2022, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Serving Our Children Inc 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 93rd percentile within DC. Charities of a similar size with the same main cause include Sacramento Country Day School ($20.1m), Read Foundation ($20.1m) and Indiana-Kentucky-Ohio Reg Cncil of CRPNTRS JT Apprntc & Training Fund ($20.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $172k (0.9% of expenses). Other salaries and wages came to $549k. It paid $1,025 in professional fundraising fees. At year end it held assets of $999k against liabilities of $1.0m, net assets of -$13k. It reported 11 employees.