Childrens Health and Welfare Foundation Inc

Analysis

Childrens Health and Welfare Foundation Inc is a registered charity in United States, based in Long Branch, NJ. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Childrens Health and Welfare Foundation Inc reported income of $52k and spending of $50k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $52k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 367%. Over the whole period it spent 23% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Childrens Health and Welfare Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include Pedal with Pete Inc ($52k), Safe Harbor of Hope ($52k) and Osterville Rotary Foundation Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.