Children Mending Hearts Inc

Analysis

Children Mending Hearts Inc is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Children Mending Hearts Inc reported income of $939k and spending of $685k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $939k (+160%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Children Mending Hearts Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Neighborhood House Club ($939k), Friends of the Children - Utah ($939k) and Girls on the Run N Y C Inc ($937k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $325k (47% of expenses). It paid $8,635 in professional fundraising fees. At year end it held assets of $415k against liabilities of $29k, net assets of $386k. It reported 4 employees.