Children with Hair Loss Inc

Analysis

Children with Hair Loss Inc is a registered charity in United States, based in S Rockwood, MI. It received its IRS tax-exemption ruling in September 2000, 26 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, Children with Hair Loss Inc reported income of $1.4m and spending of $1.7m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.4m (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Children with Hair Loss Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Manuelito Navajo Childrens Home Inc ($1.4m), Lee Conlee House Inc ($1.4m) and LA Cocina Va ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 62% of the total. Other salaries and wages came to $297k. At year end it held assets of $1.9m against liabilities of $7,105, net assets of $1.9m. It reported 6 employees.