Childrens Research Triangle

Analysis

Childrens Research Triangle is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2000, 26 years ago. 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, Childrens Research Triangle reported income of $3.4m and spending of $3.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.4m (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Research Triangle sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Society of St Vincent de Paul Council of Fond du Lac County Inc ($3.4m), Meher Spiritual Center Inc ($3.4m) and Boy Scouts of America ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $55k (1.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $956k against liabilities of $189k, net assets of $767k. It reported 50 employees.