Caritas for Children Inc

Analysis

Caritas for Children Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Caritas for Children Inc reported income of $637k and spending of $711k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $543k to $637k (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Caritas for Children Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WI. Charities of a similar size with the same main cause include Vamos Outdoors Project ($636k), Southeast 4-H Educational Center Inc ($638k) and Nest Global ($636k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. Other salaries and wages came to $138k. At year end it held assets of $145k against liabilities of $33k, net assets of $112k. It reported 4 employees.