Fernside Inc a Center for Grieving Children

Analysis

Fernside Inc a Center for Grieving Children is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Fernside Inc a Center for Grieving Children reported income of $1.9m and spending of $653k, leaving 66% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $598k to $1.9m (+225%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 254%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fernside Inc a Center for Grieving Children sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Serenity Recovery Connection ($1.9m), Autistry Studios ($1.9m) and Friends of Recovery New York For-Ny Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $536k against liabilities of $3.5m, net assets of -$3.0m.