The Children Deserve a Chance Foundation

Analysis

The Children Deserve a Chance Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in March 2009, 17 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 June 2023, The Children Deserve a Chance Foundation reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Children Deserve a Chance Foundation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Sterling Charitable Gift Fund TR ($1.5m), Tischer Creek Duluth Buildingcompany ($1.5m) and Benson Family Foundation ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $224k (16% of expenses). Other salaries and wages came to $476k. At year end it held assets of $1.2m against liabilities of $1.3m, net assets of -$134k. It reported 14 employees.