Childrens House Inc

Analysis

Childrens House Inc is a registered charity in United States, based in Verona, NJ. It received its IRS tax-exemption ruling in February 1968, 58 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Childrens House Inc reported income of $879k and spending of $754k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $614k to $879k (+43%), an average of +9.4% a year. The sharpest change came in the year to August 2022, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens House Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include New Camillus House Campus Inc ($879k), Open Center for Children Inc ($879k) and Canajoharie Library & Art Gallery ($879k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $72k (9.6% of expenses). Other salaries and wages came to $484k. At year end it held assets of $290k against liabilities of $133k, net assets of $158k. It reported 15 employees.