Foundation for Children in Need Inc

Analysis

Foundation for Children in Need Inc is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 March 2024, Foundation for Children in Need Inc reported income of $1.4m and spending of $976k, leaving 32% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.2m to $1.4m (+16%), an average of +3.8% a year. The sharpest change came in the year to March 2024, when income rose by 38%. Over the whole period it spent 83% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Foundation for Children in Need Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Jerusalem Fund ($1.4m), Friends of Kenya Rising ($1.4m) and World Affairs Council ($1.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $26k (2.6% of expenses). Other salaries and wages came to $22k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 4 employees.