Child-Adult Resource Services Inc

Analysis

Child-Adult Resource Services Inc is a registered charity in United States, based in Rockville, IN. It received its IRS tax-exemption ruling in March 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Child-Adult Resource Services Inc reported income of $9.8m and spending of $11.1m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.9m to $9.8m (-10%), an average of -2.6% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child-Adult Resource Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Central Wisconsin Community Action Council Inc ($9.8m), Oneeighty Inc ($9.8m) and Catholic Charities of the Archdiocese of Atlanta Inc ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $188k (1.7% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $4.4m against liabilities of $5.7m, net assets of -$1.3m. It reported 340 employees.