Cribs for Kids Inc

Analysis

Cribs for Kids Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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, Cribs for Kids Inc reported income of $2.9m and spending of $2.3m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $2.9m (+8.9%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income rose by 78%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cribs for Kids Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.9m), Boys & Girls Clubs of Metro Louisiana Inc ($2.9m) and Raw Art Works Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% of the total. Compensation of current officers, directors and key employees was $407k (18% of expenses). Other salaries and wages came to $812k. At year end it held assets of $5.4m against liabilities of $2.3m, net assets of $3.1m. It reported 24 employees.