Childrens Workshop

Analysis

Childrens Workshop is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in January 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Workshop reported income of $403k and spending of $350k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $272k to $403k (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Workshop sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include St Luke Association ($403k), Northeastern Technical College Foundation ($403k) and Down Syndrome Association of Central Texas ($403k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $56k (16% of expenses). Other salaries and wages came to $195k. At year end it held assets of $371k against liabilities of $0, net assets of $371k. It reported 14 employees.