Huffer Memorial Childrens Center Inc

Analysis

Huffer Memorial Childrens Center Inc is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in December 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Huffer Memorial Childrens Center Inc reported income of $2.3m and spending of $1.9m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Huffer Memorial Childrens Center 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 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include The Hopkinsville Family Young Mens Christian Association Inc ($2.3m), The Multicultural Center of Marin Inc ($2.3m) and Help for the Hurting ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $162k (8.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.8m against liabilities of $123k, net assets of $1.7m. It reported 74 employees.