Childrens Meetinghouse Inc

Analysis

Childrens Meetinghouse Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in June 1987, 39 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 June 2023, Childrens Meetinghouse Inc reported income of $598k and spending of $492k, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $472k to $598k (+27%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Meetinghouse Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Hollywood West Tenant Action Committee ($598k), Drisha Institute for Jewish Education Inc ($598k) and Boston Sparks Association Inc ($598k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $137k (28% of expenses). Other salaries and wages came to $209k. At year end it held assets of $664k against liabilities of $60k, net assets of $604k. It reported 13 employees.