Variety the Childrens Charity of the Delaware Valley

Analysis

Variety the Childrens Charity of the Delaware Valley is a registered charity in United States, based in Worcester, PA. It received its IRS tax-exemption ruling in March 1951, 75 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Variety the Childrens Charity of the Delaware Valley reported income of $6.8m and spending of $2.9m, leaving 57% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $6.8m (+296%), an average of +41% a year. The sharpest change came in the year to September 2023, when income rose by 66%. Over the whole period it spent 65% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Variety the Childrens Charity of the Delaware Valley sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Starfire Sports a Nonprofit Corporation ($6.8m), New York State Public High School Athletic Association Inc ($6.8m) and Players Development Academy Corp ($6.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $253k (8.7% of expenses). Other salaries and wages came to $1.4m. It paid $170k in professional fundraising fees. At year end it held assets of $8.8m against liabilities of $579k, net assets of $8.2m. It reported 146 employees.