Child and Family Charities
Analysis
Child and Family Charities is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in May 2021, 5 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 Charities reported income of $10.8m and spending of $9.1m, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $7.8m to $10.8m (+38%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 79% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child and Family Charities sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Hospice of Lake Cumberland Inc ($10.8m), Rauch Inc ($10.8m) and Safe Place for Youth Inc ($10.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $203k (2.2% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $13.3m against liabilities of $2.2m, net assets of $11.2m. It reported 152 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 4.1%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hospice of Lake Cumberland Inc | Somerset | $10.8m |
| Rauch Inc | New Albany | $10.8m |
| Safe Place for Youth Inc | Marina Del Rey | $10.8m |
| Peppermint Ridge | Corona | $10.8m |