Salem Childrens Home

Analysis

Salem Childrens Home is a registered charity in United States, based in Flanagan, IL. It received its IRS tax-exemption ruling in March 1948, 78 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 December 2023, Salem Childrens Home reported income of $1.8m and spending of $2.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.8m (+15%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salem Childrens Home sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Christ Palace International Ministries ($1.8m), Good Hearts Youth and Familyservices Inc ($1.8m) and Common Heart Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 9.9% of the total. Other salaries and wages came to $947k. At year end it held assets of $633k against liabilities of $199k, net assets of $434k. It reported 32 employees.