Penfield Childrens Center

Analysis

Penfield Childrens Center is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 1968, 58 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Penfield Childrens Center reported income of $6.7m and spending of $7.8m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.7m to $6.7m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Penfield Childrens Center 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 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Glade Run Medical Associates ($6.7m), Renville Health Services ($6.7m) and Hopespoke ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $602k (7.7% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $5.7m against liabilities of $1.6m, net assets of $4.1m. It reported 120 employees.