A Precious Child Inc

Analysis

A Precious Child Inc is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, A Precious Child Inc reported income of $15.3m and spending of $16.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.6m to $15.3m (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Precious Child Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Hospice Savannah Inc ($15.3m), Refugee Womens Alliance ($15.3m) and Samaritan House Community Center ($15.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $338k (2.1% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $12.1m against liabilities of $4.8m, net assets of $7.2m. It reported 74 employees.