Child and Family Service of Saginaw County

Analysis

Child and Family Service of Saginaw County is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in June 1960, 66 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, Child and Family Service of Saginaw County reported income of $1.6m and spending of $2.0m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+7.5%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child and Family Service of Saginaw County sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Cradlerock Childrens Center Inc ($1.6m), Stillmeadow Child Care Ctr Inc ($1.6m) and Urban League of Kansas City Mo ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $198k (10% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.7m against liabilities of $767k, net assets of $2.9m. It reported 40 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.