Durham Childrens Initiative

Analysis

Durham Childrens Initiative is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in March 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 June 2024, Durham Childrens Initiative reported income of $1.2m and spending of $1.8m, spending 148% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $2.0m to $1.2m (-39%), an average of -9.5% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Durham Childrens Initiative sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Chaparral Baptist Assembly ($1.2m), Derrick Brooks Charities Inc ($1.2m) and Girls Incorporated of Greater Houston ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $155k (8.6% of expenses). Other salaries and wages came to $560k. It paid $22k in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $1.3m, net assets of $762k. It reported 19 employees.

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.