The Kings Daughters Childrens Home

Analysis

The Kings Daughters Childrens Home is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in October 1941, 85 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Kings Daughters Childrens Home reported income of $321k and spending of $474k, spending 148% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $347k to $321k (-7.5%), an average of -1.9% a year. The sharpest change came in the year to June 2021, when income rose by 183%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Kings Daughters Childrens Home sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Alamo Heights Mule Team Inc ($321k), Taxpayer Foundation of Oregon ($321k) and St Catherine of Siena Medical Center Foundation ($321k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $167k (35% of expenses). Other salaries and wages came to $155k. At year end it held assets of $2.8m against liabilities of $79k, net assets of $2.7m. It reported 5 employees.