Childrens Literature Association

Analysis

Childrens Literature Association is a registered charity in United States, based in Purcellville, VA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Literature Association reported income of $203k and spending of $251k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $270k to $203k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Literature Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Seacoast Community Chamber Orchestra ($203k), Story Theater Company ($203k) and Rochester and Genesee Valley Railroad Museum ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 66% of the total. At year end it held assets of $493k against liabilities of $75k, net assets of $418k.