Celebrity Foundation for Children

Analysis

Celebrity Foundation for Children is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Celebrity Foundation for Children reported income of $562k and spending of $952k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $412k to $562k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 124% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Celebrity Foundation for Children sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Womens Fund of Smith County ($562k), Beverly Willis Architecture Foundation Inc ($562k) and Princeton-In-Africa ($562k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 17% of the total. Other salaries and wages came to $69k. At year end it held assets of $1.8m against liabilities of $17k, net assets of $1.8m.