Spastic Children S Endowment Foundation

Analysis

Spastic Children S Endowment Foundation is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Spastic Children S Endowment Foundation reported income of $2.5m and spending of $8.3m, spending 336% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $2.5m (-41%), an average of -12% a year. The sharpest change came in the year to June 2021, when income rose by 418%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spastic Children S Endowment Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Beverlys PGH ($2.5m), Abundant Life Ministry ($2.5m) and United Methodist City Society ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $86.0m against liabilities of $5,682, net assets of $85.9m.