Warm Blankets Childrens Foundation Inc

Analysis

Warm Blankets Childrens Foundation Inc is a registered charity in United States, based in Rolling MDWS, IL. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Warm Blankets Childrens Foundation Inc reported income of $8.3m and spending of $8.7m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $8.3m (+23%), an average of +5.4% a year. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Warm Blankets Childrens Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Boys & Girls Clubs of Whatcom Co ($8.2m), Big Brothers Big Sisters of Greater Los Angeles Inc ($8.3m) and W Haywood Burns Institute ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $150k (1.7% of expenses). Other salaries and wages came to $273k. At year end it held assets of $1.5m against liabilities of $104k, net assets of $1.4m. It reported 7 employees.