Reclaim Childhood Inc

Analysis

Reclaim Childhood Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in June 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 August 2023, Reclaim Childhood Inc reported income of $430k and spending of $440k, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $232k to $430k (+85%), an average of +17% a year. The sharpest change came in the year to August 2021, when income rose by 62%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reclaim Childhood Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Chinese Economic Development Council Inc ($430k), Second Chances of Union County ($430k) and World Harvest Ministries Inc ($429k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (20% of expenses). Other salaries and wages came to $28k. It paid $13k in professional fundraising fees. At year end it held assets of $460k against liabilities of $10k, net assets of $449k. It reported 2 employees.