Passion for Childrens Inc

Analysis

Passion for Childrens Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2008, 18 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 December 2023, Passion for Childrens Inc reported income of $326k and spending of $338k, spending 103% of its income. Across the 5 years on record, from June 2020 to December 2023, income fell from $821k to $326k (-60%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Passion for Childrens Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include United Way of 1000 Lakes ($326k), Montecito Community Foundation ($326k) and Eden Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 117% of the total. At year end it held assets of $341k against liabilities of $40, net assets of $341k.