Childrens Guild Institute Inc

Analysis

Childrens Guild Institute Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Guild Institute Inc reported income of $1.1m and spending of $2.0m, spending 177% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.1m (-47%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 32%. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Guild Institute Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Pueblo Hispanic Education Foundation ($1.1m), Christian Academy of Madison Inc ($1.1m) and Chesterton Academy of Notre Dame ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 3.4% of the total. At year end it held assets of $27.1m against liabilities of $27.0m, net assets of $96k.

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.