The Childrens Hospital Volunteers Inc

Analysis

The Childrens Hospital Volunteers Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Childrens Hospital Volunteers Inc reported income of $1.1m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $689k to $1.1m (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Childrens Hospital Volunteers Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OK. Charities of a similar size with the same main cause include Little League Baseball Inc ($1.1m), National Association of Rocketry ($1.1m) and Grace & Holy Trinity Church Endowment Fund ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 71% of the total. Other salaries and wages came to $63k. At year end it held assets of $1.5m against liabilities of $34k, net assets of $1.5m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.