Childrens Workshop

Analysis

Childrens Workshop is a registered charity in United States, based in Long Lake, MN. It received its IRS tax-exemption ruling in March 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Childrens Workshop reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 4 years on record, from August 2020 to August 2023, income fell from $1.4m to $1.3m (-7.1%), an average of -2.4% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Workshop sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Saint Thomas More Academy Inc ($1.3m), Edward and Josephine Wikiera Foundation ($1.3m) and BDF Elementary ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $118k (9.2% of expenses). Other salaries and wages came to $586k. At year end it held assets of $3.0m against liabilities of $2.0m, net assets of $1.0m. It reported 26 employees.